1845 Messner Dr #57EHilliardOH43026
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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
Investment property for sale in Hilliard at 1845 Messner Dr #57E, Hilliard, OH, 43026 uses $79,560 cash to close to unlock $3,660/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $2,206/mo, and a $1,175/mo payment keeps the spread at $305/mo. Purchase price stands at $240,000, and rental yield measures 11.03% with $2,206/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash records $103,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1994
435.60 sqft lot
$N/A/sqft
$322 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43026, Hilliard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,892 (100%) |
| Owner Occupied HU | 17,188 (63.9%) |
| Renter Occupied HU | 8,777 (32.6%) |
| Vacant Housing Units | 927 ( 3.4%) |
| Median Home Value | $354,062 |
| Average Home Value | $376,166 |
Housing Distribution
Address Breakdown
Residential
26,601
Single Family
24,365
Multi-Family
2,236
Businesses
1,723
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Listed by: Joseph A Adkins • Real of Ohio
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225020577
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.