250 Washington AvePlain CityOH43064
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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 Plain City at 250 Washington Ave, Plain City, OH, 43064 offers $3,150/mo rent that, after a $1,167/mo payment, leaves $1,582/mo cash flow. Total monthly income is $3,150/mo, and annual cash flow is $18,978/yr on $79,063 cash. Return on cash invested measures 43.91% in year one, and rental yield stands at 15.85% at a $238,500 entry. Equity gained on principal adds $1,539/yr while 5% annual appreciation compounds into $65,893 by year five. Five-year ROI records 232.08% and total cumulative return in cash reaches $183,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,150/mo property income versus a $1,167/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
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Listed by: Erin M Winn • Superior One Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #223039836
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.