246 Black Walnut DrWestervilleOH43082
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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 Westerville at 246 Black Walnut Dr, Westerville, OH, 43082 earns from $2,644/mo rent with a $1,799/mo payment. Total monthly income totals $2,644/mo. ROI tracks 18.55% on current figures, and rental yield reads 8.63% at a $367,500 purchase. Equity gained on principal adds $2,371/yr, and 5% annual appreciation supports $101,533 over five years. Five-year ROI reaches 97.4% and total cumulative return in cash sums $118,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,644/mo property income instead of your personal income.
Condo
Built in 1998
0.42 Acres lot
$N/A/sqft
$364 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43082, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,951 (100%) |
| Owner Occupied HU | 10,888 (84.1%) |
| Renter Occupied HU | 1,655 (12.8%) |
| Vacant Housing Units | 408 ( 3.2%) |
| Median Home Value | $484,702 |
| Average Home Value | $518,752 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
12,789
Multi-Family
122
Businesses
885
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Listed by: Karl G Schneider • Cam Taylor Co. Ltd., Realtors
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225030726
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.