1592 Cardinal Hill LnSugar GroveOH43155
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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 Sugar Grove at 1592 Cardinal Hill Ln, Sugar Grove, OH, 43155 generates $2,832/mo in rent and, after a $1,640/mo payment, leaves $378/mo in cash flow. Total monthly income is $2,832/mo, and annual cash flow is $4,537/yr on $111,053 invested. Return on cash invested sits at 23.99% in year one, and rental yield is 10.14% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash sums $140,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,832/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.97 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43155, Sugar Grove, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 747 (68.6%) |
| Renter Occupied HU | 144 (13.2%) |
| Vacant Housing Units | 198 (18.2%) |
| Median Home Value | $314,750 |
| Average Home Value | $331,529 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
41
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Listed by: Jennifer O Sutherland • Rise Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225031502
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.