164 Alexander Lawrence DrPickeringtonOH43147
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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 Pickerington at 164 Alexander Lawrence Dr, Pickerington, OH, 43147 offers $2,188/mo rent that, after a $1,321/mo payment, leaves $413/mo cash flow. Total monthly income is $2,188/mo, and annual cash flow is $4,952/yr on $89,472 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.73% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 133.05% and total cumulative return in cash reaches $119,046. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,188/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
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Listed by: Jaysen E Barlow • Sell For One Percent
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225037668