213 Lake StDelawareOH43015
Nearby investment properties with comparable rents
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 Delaware at 213 Lake St, Delaware, OH, 43015 priced at $220,000 pairs $2,170/mo rent with $723/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,170/mo, and annual cash flow comes to $8,672/yr on $72,930 invested. Return on cash invested is 31.8% in year one, and rental yield stands at 11.84% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 167.14% and total cumulative return in cash reaches $121,895. For financing, Ziffy Mortgage’s DSCR program evaluates $2,170/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward M Robson • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225036803
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.