12345 Cherry LnMillersportOH43046
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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 Millersport at 12345 Cherry Ln, Millersport, OH, 43046 earns from $2,989/mo rent with a $3,177/mo payment. Total monthly income totals $2,989/mo. ROI tracks 12.86% on current figures, and rental yield reads 5.53% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 65.55% and total cumulative return in cash sums $139,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,989/mo property income instead of your personal income.
Single Family
Built in 1977
6.77 Acres 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: Kathleen H Fornes • Making Dreams Realty LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225024885
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.