1064 Watkins Glen Ct #1064MarysvilleOH43040
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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
Investment property for sale in Marysville at 1064 Watkins Glen Ct #1064, Marysville, OH, 43040 uses $65,969 cash to close to unlock $5,808/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $974/mo payment keeps the spread at $484/mo. Purchase price stands at $199,000, and rental yield measures 10.81% with $1,793/mo rent. Return on cash invested shows 28.71% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 150.66% and total cumulative return in cash records $99,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43040, Marysville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,469 (100%) |
| Owner Occupied HU | 10,277 (66.4%) |
| Renter Occupied HU | 4,282 (27.7%) |
| Vacant Housing Units | 910 ( 5.9%) |
| Median Home Value | $293,666 |
| Average Home Value | $323,241 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
14,732
Multi-Family
512
Businesses
942
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Listed by: Erika N Fetherolf • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225045221