178 Lorrimore DrPickeringtonOH43147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 178 Lorrimore Dr, Pickerington, OH, 43147 generates $3,174/mo in rent and, after a $2,162/mo payment, leaves $235/mo in cash flow. Total monthly income is $3,174/mo, and annual cash flow is $2,825/yr on $146,437 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 8.62% on a $441,740 entry. Equity gained on principal adds $2,850/yr, while 5% annual appreciation builds toward $122,045 over five years. Five-year ROI reaches 113.8% and total cumulative return in cash sums $166,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,174/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
$99 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan M Dodderer • D.R. Horton Realty of Ohio, In
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016672
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.