106 Collins CtCirclevilleOH43113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Circleville at 106 Collins Ct, Circleville, OH, 43113 priced at $249,000 converts $1,821/mo rent into $183/mo cash flow after a $1,219/mo obligation. Total monthly income equals $1,821/mo, and annual cash flow totals $2,194/yr on $82,544 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.78% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 117.62% and total cumulative return in cash sums $97,088. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,821/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43113, Circleville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 6,541 (62.7%) |
| Renter Occupied HU | 3,303 (31.7%) |
| Vacant Housing Units | 580 ( 5.6%) |
| Median Home Value | $237,736 |
| Average Home Value | $280,753 |
Housing Distribution
Address Breakdown
Residential
10,085
Single Family
9,858
Multi-Family
227
Businesses
873
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Listed by: Jeri L Smith • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225024359