1935 Slippery Rail DrPlain CityOH43064
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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 Plain City at 1935 Slippery Rail Dr, Plain City, OH, 43064 priced at $579,575 converts $4,680/mo rent into $813/mo cash flow after a $2,837/mo obligation. Total monthly income equals $4,680/mo, and annual cash flow totals $9,759/yr on $190,680 invested. Return on cash invested prints 25.18% in year one, and rental yield reads 9.69% against a $579,575 entry. Equity gained on principal adds $3,740/yr, while 5% annual appreciation compiles into $160,126 by year five. Five-year ROI reaches 131.72% and total cumulative return in cash sums $251,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,680/mo property income covering a $2,837/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
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Listed by: Daniel V Tartabini • New Advantage, LTD
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224024398
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