1148 Hillridge RdReynoldsburgOH43068
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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 Reynoldsburg at 1148 Hillridge Rd, Reynoldsburg, OH, 43068 with 5% annual appreciation on a $238,888 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,169/mo payment preserves $769/mo for cash returns. Annual cash flow comes to $9,226/yr on $79,191 deployed, and return on cash invested reaches 31.56% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,000 alongside rental yield of 11.75%. Five-year ROI measures 165.82% and total cumulative return in cash totals $131,317.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,169/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43068, Reynoldsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,379 (100%) |
| Owner Occupied HU | 13,666 (56.1%) |
| Renter Occupied HU | 9,702 (39.8%) |
| Vacant Housing Units | 1,011 ( 4.1%) |
| Median Home Value | $265,375 |
| Average Home Value | $282,121 |
Housing Distribution
Address Breakdown
Residential
23,572
Single Family
22,103
Multi-Family
1,469
Businesses
1,400
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Listed by: Samuel T Miller • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225004005
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.