195 Balsam DrPickeringtonOH43147
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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 Pickerington at 195 Balsam Dr, Pickerington, OH, 43147 with 5% annual appreciation on a $464,900 basis while $3,174/mo rent supports operations. Total monthly income totals $3,174/mo and a $2,275/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,397/yr on $154,114 deployed, and return on cash invested reaches 20.82% in year one. Equity gained on principal adds $3,000/yr, and five-year appreciation sums $128,443 alongside rental yield of 8.19%. Five-year ROI measures 108.22% and total cumulative return in cash totals $166,780.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,174/mo property income versus a $2,275/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
10,018 sqft lot
$N/A/sqft
No 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
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Listed by: Tiffany Marie Flowers • Rise Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225044034