218 Shelbourne Forest WayDelawareOH43015
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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 Delaware at 218 Shelbourne Forest Way, Delaware, OH, 43015 at $259,777 posts ROI 20.49% with $42/mo cash flow from $1,750/mo rent. Total monthly income equals $1,750/mo, and annual cash flow records $501/yr on $86,116 to close. Return on cash invested measures 20.49% and rental yield reads 8.08% at the current $259,777. Equity gained on principal adds $1,676/yr, and 5% annual appreciation supports $71,772 by year five. Five-year ROI prints 106.47% and total cumulative return in cash totals $91,687.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,750/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
N/A 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
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Listed by: Dave Culbertson • Howard Hanna Real Estate Services
Mls Name: KCBR
Mls ID: #20250224
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.