22 Cherry StGroveportOH43125
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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
Rental property for sale in Groveport at 22 Cherry St, Groveport, OH, 43125 offers $1,815/mo rent that, after a $1,287/mo payment, leaves $85/mo cash flow. Total monthly income is $1,815/mo, and annual cash flow is $1,025/yr on $87,151 cash. Return on cash invested measures 21.09% in year one, and rental yield stands at 8.28% at a $262,900 entry. Equity gained on principal adds $1,696/yr while 5% annual appreciation compounds into $72,634 by year five. Five-year ROI records 109.69% and total cumulative return in cash reaches $95,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,815/mo property income versus a $1,287/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,276 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: Roderick A Williams • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015430
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.