172 Old Bay DrPataskalaOH43062
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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 Pataskala at 172 Old Bay Dr, Pataskala, OH, 43062 offers $2,600/mo rent that, after a $1,908/mo payment. Total monthly income is $2,600/mo. Return on cash invested measures 16.55% in year one, and rental yield stands at 8% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 86.71% and total cumulative return in cash reaches $112,069. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,600/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
8,276 sqft lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43062, Pataskala, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 10,297 (80.1%) |
| Renter Occupied HU | 2,087 (16.2%) |
| Vacant Housing Units | 471 ( 3.7%) |
| Median Home Value | $333,809 |
| Average Home Value | $407,975 |
Housing Distribution
Address Breakdown
Residential
12,714
Single Family
12,515
Multi-Family
199
Businesses
608
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Listed by: Colleen A Welch • New Millennium Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225010911
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.