12671 Oakmere Dr NWPickeringtonOH43147
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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 Pickerington at 12671 Oakmere Dr NW, Pickerington, OH, 43147 offers a 8.58% rental yield on a $350,000 purchase with $2,503/mo rent. Total monthly income registers $2,503/mo, and a $1,713/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,410/yr on $116,025 to close, and return on cash invested stands at 21.99% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 114.48% and total cumulative return in cash at $132,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,503/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
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
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Listed by: Barry Baker • Ohio Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11595379