238 Wildwood CtHeathOH43056
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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 Heath at 238 Wildwood Ct, Heath, OH, 43056 priced at $220,000 converts $1,472/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,472/mo. Return on cash invested prints 13.98% in year one, and rental yield reads 8.03% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 73.88% and total cumulative return in cash sums $53,879. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,472/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43056, Heath, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 5,490 (72.3%) |
| Renter Occupied HU | 1,816 (23.9%) |
| Vacant Housing Units | 285 ( 3.8%) |
| Median Home Value | $283,417 |
| Average Home Value | $310,703 |
Housing Distribution
Address Breakdown
Residential
7,530
Single Family
7,278
Multi-Family
252
Businesses
601
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Listed by: David Lee Wyeth • Century 21 Frank Frye
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225010524
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