1218 Cardamon PlGallowayOH43119
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 Galloway at 1218 Cardamon Pl, Galloway, OH, 43119 uses $111,019 cash to close to unlock $3,939/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $2,531/mo, and a $1,639/mo payment keeps the spread at $328/mo. Purchase price stands at $334,900, and rental yield measures 9.07% with $2,531/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 122.4% and total cumulative return in cash records $135,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,531/mo property income covering a $1,639/mo payment rather than investor’s personal income.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43119, Galloway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,906 (100%) |
| Owner Occupied HU | 8,065 (67.7%) |
| Renter Occupied HU | 3,539 (29.7%) |
| Vacant Housing Units | 302 ( 2.5%) |
| Median Home Value | $275,062 |
| Average Home Value | $310,180 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
11,255
Multi-Family
192
Businesses
244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices