1909 Laramie DrPowellOH43065
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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 Powell at 1909 Laramie Dr, Powell, OH, 43065 uses $77,903 cash to close to unlock $2,734/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $2,067/mo, and a $1,150/mo payment keeps the spread at $228/mo. Purchase price stands at $235,000, and rental yield measures 10.55% with $2,067/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 123.81% and total cumulative return in cash records $96,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,067/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1981
871.20 sqft lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43065, Powell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,427 (100%) |
| Owner Occupied HU | 14,998 (81.4%) |
| Renter Occupied HU | 2,352 (12.8%) |
| Vacant Housing Units | 1,077 ( 5.8%) |
| Median Home Value | $515,430 |
| Average Home Value | $571,778 |
Housing Distribution
Address Breakdown
Residential
18,368
Single Family
17,389
Multi-Family
979
Businesses
1,219
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Listed by: Wael Al-Fakir • Keller Williams Consultants
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022752
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.