1385 Geranium Dr #266BlacklickOH43004
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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 Blacklick at 1385 Geranium Dr #266, Blacklick, OH, 43004 generates $1,602/mo in rent, after a $1,346/mo payment. Total monthly income is $1,602/mo. Return on cash invested sits at 17.2% in year one, and rental yield is 6.99% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 88.85% and total cumulative return in cash sums $80,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,602/mo property income rather than buyer’s personal income.
Condo
Built in 2005
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43004, Blacklick, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,904 (100%) |
| Owner Occupied HU | 8,234 (69.2%) |
| Renter Occupied HU | 3,329 (28.0%) |
| Vacant Housing Units | 341 ( 2.9%) |
| Median Home Value | $329,271 |
| Average Home Value | $383,680 |
Housing Distribution
Address Breakdown
Residential
12,104
Single Family
11,767
Multi-Family
337
Businesses
319
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