217 Macandrews Way #61CBlacklickOH43004
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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 Blacklick at 217 Macandrews Way #61C, Blacklick, OH, 43004 earns $389/mo cash flow from $1,638/mo rent with a $929/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $4,672/yr on $62,952 capital. ROI tracks 27.33% on current figures, and rental yield reads 10.35% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 143.2% and total cumulative return in cash sums $90,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Condo
Built in 1995
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43004, Blacklick, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,904 (100%) |
| Owner Occupied HU | 8,234 (69.2%) |
| Renter Occupied HU | 3,329 (28.0%) |
| Vacant Housing Units | 341 ( 2.9%) |
| Median Home Value | $329,271 |
| Average Home Value | $383,680 |
Housing Distribution
Address Breakdown
Residential
12,104
Single Family
11,767
Multi-Family
337
Businesses
319
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