206 Fairgrounds StPataskalaOH43062
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Nearby investment properties with comparable prices
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 Pataskala at 206 Fairgrounds St, Pataskala, OH, 43062 offers $2,386/mo rent that, after a $1,762/mo payment, leaves $18/mo cash flow. Total monthly income is $2,386/mo, and annual cash flow is $218/yr on $119,307 cash. Return on cash invested measures 20.09% in year one, and rental yield stands at 7.96% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 104.36% and total cumulative return in cash reaches $124,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,386/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43062, Pataskala, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 10,297 (80.1%) |
| Renter Occupied HU | 2,087 (16.2%) |
| Vacant Housing Units | 471 ( 3.7%) |
| Median Home Value | $333,809 |
| Average Home Value | $407,975 |
Housing Distribution
Address Breakdown
Residential
12,714
Single Family
12,515
Multi-Family
199
Businesses
608
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