218 Center St #222GroveportOH43125
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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 Groveport at 218 Center St #222, Groveport, OH, 43125 listed at $310,000 pairs $2,520/mo rent with a $1,517/mo payment to leave $481/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $5,774/yr on $102,765 cash to close. Return on cash invested measures 25.53% in year one, and rental yield registers 9.75% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 133.51% and total cumulative return in cash totals $137,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43125, Groveport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,127 (100%) |
| Owner Occupied HU | 3,871 (54.3%) |
| Renter Occupied HU | 2,871 (40.3%) |
| Vacant Housing Units | 385 ( 5.4%) |
| Median Home Value | $255,576 |
| Average Home Value | $304,526 |
Housing Distribution
Address Breakdown
Residential
6,758
Single Family
5,874
Multi-Family
884
Businesses
584
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Listed by: Elizabeth A Ellinger • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225042332
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.