168 Alderwood CirPlain CityOH43064
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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 Plain City at 168 Alderwood Cir, Plain City, OH, 43064 offers $3,600/mo rent that, after a $2,427/mo payment, leaves $88/mo cash flow. Total monthly income is $3,600/mo, and annual cash flow is $1,061/yr on $164,358 cash. Return on cash invested measures 20.55% in year one, and rental yield stands at 8.71% at a $495,800 entry. Equity gained on principal adds $3,199/yr while 5% annual appreciation compounds into $136,980 by year five. Five-year ROI records 107.48% and total cumulative return in cash reaches $176,649. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $2,427/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
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Listed by: Jodi Festog • NextHome Experience
Mls Name: NextHome
Mls Provider:
Mls ID: #224023867