231 Westwood DrCirclevilleOH43113
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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 Circleville at 231 Westwood Dr, Circleville, OH, 43113 uses $105,749 cash to close to unlock $1,872/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,561/mo payment keeps the spread at $156/mo. Purchase price stands at $319,000, and rental yield measures 8.48% with $2,254/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 112.9% and total cumulative return in cash records $119,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43113, Circleville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 6,541 (62.7%) |
| Renter Occupied HU | 3,303 (31.7%) |
| Vacant Housing Units | 580 ( 5.6%) |
| Median Home Value | $237,736 |
| Average Home Value | $280,753 |
Housing Distribution
Address Breakdown
Residential
10,085
Single Family
9,858
Multi-Family
227
Businesses
873
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Listed by: Glenda L Mullet • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225044121