1480 Hickory Gate DrMarysvilleOH43040
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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 Marysville at 1480 Hickory Gate Dr, Marysville, OH, 43040 offers a 5.79% rental yield on a $510,000 purchase with $2,460/mo rent. 66% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 69.83% and total cumulative return in cash at $117,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43040, Marysville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,469 (100%) |
| Owner Occupied HU | 10,277 (66.4%) |
| Renter Occupied HU | 4,282 (27.7%) |
| Vacant Housing Units | 910 ( 5.9%) |
| Median Home Value | $293,666 |
| Average Home Value | $323,241 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
14,732
Multi-Family
512
Businesses
942
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Listed by: Susan L Ehlers • RE/MAX Revealty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225029179