12323 Ringer LnLeesburgOH45135
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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 Leesburg at 12323 Ringer Ln, Leesburg, OH, 45135 earns from $1,714/mo rent with a $1,664/mo payment. Total monthly income totals $1,714/mo. ROI tracks 14.35% on current figures, and rental yield reads 6.05% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 73.53% and total cumulative return in cash sums $82,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,714/mo property income instead of your personal income.
Single Family
Built in 1996
8.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45135, Leesburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,107 (100%) |
| Owner Occupied HU | 1,434 (68.1%) |
| Renter Occupied HU | 478 (22.7%) |
| Vacant Housing Units | 195 ( 9.3%) |
| Median Home Value | $209,574 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
1,649
Single Family
1,589
Multi-Family
60
Businesses
63
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Listed by: Jennifer E Snow-Marshall • Heart State Realty LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017571
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.