1307 Lakeside CtWorthingtonOH43085
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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 Worthington at 1307 Lakeside Ct, Worthington, OH, 43085 generates $3,373/mo in rent, after a $2,667/mo payment. Total monthly income is $3,373/mo. Return on cash invested sits at 18.65% in year one, and rental yield is 7.43% on a $544,900 entry. Equity gained on principal adds $3,516/yr, while 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 96.55% and total cumulative return in cash sums $173,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,373/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: Heather C Minor • Core Realty Collection
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225044408