11841 Milnor Rd NWPickeringtonOH43147
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
Investment property for sale in Pickerington at 11841 Milnor Rd NW, Pickerington, OH, 43147 uses $115,992 cash to close to unlock $4,812/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $2,703/mo, and a $1,713/mo payment keeps the spread at $401/mo. Purchase price stands at $349,900, and rental yield measures 9.27% with $2,703/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 125.6% and total cumulative return in cash records $145,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,703/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Russell • RE/MAX ONE
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225029015