138 Old Colony DrDelawareOH43015
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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 Delaware at 138 Old Colony Dr, Delaware, OH, 43015 listed at $499,900 pairs $3,036/mo rent with a $2,447/mo payment. Total monthly income runs $3,036/mo. Return on cash invested measures 17.92% in year one, and rental yield registers 7.29% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 92.75% and total cumulative return in cash totals $153,708. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,036/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
8,276 sqft lot
$N/A/sqft
$260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
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Listed by: Beth Fisher • Howard Hanna Real Estate Services
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029210
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