1830 Somerford DrGalenaOH43021
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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 Galena at 1830 Somerford Dr, Galena, OH, 43021 generates $4,612/mo in rent, after a $3,485/mo payment. Total monthly income is $4,612/mo. Return on cash invested sits at 19.54% in year one, and rental yield is 7.77% on a $712,000 entry. Equity gained on principal adds $4,594/yr, while 5% annual appreciation builds toward $196,712 over five years. Five-year ROI reaches 101.37% and total cumulative return in cash sums $237,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,612/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
$370 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43021, Galena, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 4,755 (92.7%) |
| Renter Occupied HU | 211 ( 4.1%) |
| Vacant Housing Units | 162 ( 3.2%) |
| Median Home Value | $582,576 |
| Average Home Value | $594,362 |
Housing Distribution
Address Breakdown
Residential
5,403
Single Family
5,403
Multi-Family
0
Businesses
147
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Listed by: Sandy L Raines • The Raines Group, Inc.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225020084
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.