1415 Epworth Forest DrLancasterOH43130
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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 Lancaster at 1415 Epworth Forest Dr, Lancaster, OH, 43130 generates $1,378/mo in rent, after a $1,590/mo payment. Total monthly income is $1,378/mo. Return on cash invested sits at 11.45% in year one, and rental yield is 5.09% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 58.04% and total cumulative return in cash sums $62,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,378/mo property income rather than buyer’s personal income.
Condo
Built in 2008
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43130, Lancaster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,232 (100%) |
| Owner Occupied HU | 17,412 (63.9%) |
| Renter Occupied HU | 8,241 (30.3%) |
| Vacant Housing Units | 1,579 ( 5.8%) |
| Median Home Value | $254,495 |
| Average Home Value | $301,928 |
Housing Distribution
Address Breakdown
Residential
26,133
Single Family
24,337
Multi-Family
1,796
Businesses
2,033
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