209 Willow Bend DrColumbus GroveOH45830
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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 Columbus Grove at 209 Willow Bend Dr, Columbus Grove, OH, 45830 offers a 9.4% rental yield on a $184,900 purchase with $1,448/mo rent. Total monthly income registers $1,448/mo, and a $905/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,781/yr on $61,294 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 127.7% and total cumulative return in cash at $78,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,448/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45830, Columbus Grove, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,937 (80.0%) |
| Renter Occupied HU | 326 (13.5%) |
| Vacant Housing Units | 157 ( 6.5%) |
| Median Home Value | $216,322 |
| Average Home Value | $242,332 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,279
Multi-Family
0
Businesses
99
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Listed by: Krista M Hughes • Key Realty
Mls Name: NORIS
Mls ID: #10000908