12077 9th AveMillersportOH43046
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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
Rental property for sale in Millersport at 12077 9th Ave, Millersport, OH, 43046 generates $3,900/mo in rent and, after a $2,809/mo payment, leaves $125/mo in cash flow. Total monthly income is $3,900/mo, and annual cash flow is $1,497/yr on $188,846 invested. Return on cash invested sits at 20.85% in year one, and rental yield is 8.15% on a $574,000 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 108.38% and total cumulative return in cash sums $204,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43046, Millersport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,061 (62.1%) |
| Renter Occupied HU | 311 (18.2%) |
| Vacant Housing Units | 336 (19.7%) |
| Median Home Value | $377,448 |
| Average Home Value | $429,630 |
Housing Distribution
Address Breakdown
Residential
1,324
Single Family
1,324
Multi-Family
0
Businesses
99
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Listed by: Jenna L Andrews • Plum Tree Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224042587
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.