2487 Mallard Point LnMillersportOH43046
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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 Millersport at 2487 Mallard Point Ln, Millersport, OH, 43046 offers $3,600/mo rent that, after a $2,756/mo payment. Total monthly income is $3,600/mo. Return on cash invested measures 19.25% in year one, and rental yield stands at 7.67% at a $563,000 entry. Equity gained on principal adds $3,633/yr while 5% annual appreciation compounds into $155,547 by year five. Five-year ROI records 99.83% and total cumulative return in cash reaches $184,907. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $2,756/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
$265 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43046, Millersport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,061 (62.1%) |
| Renter Occupied HU | 311 (18.2%) |
| Vacant Housing Units | 336 (19.7%) |
| Median Home Value | $377,448 |
| Average Home Value | $429,630 |
Housing Distribution
Address Breakdown
Residential
1,324
Single Family
1,324
Multi-Family
0
Businesses
99
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Listed by: Jennifer Mineau • Agora's Maxxed Out Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225002560
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.