251 Florence DrPickeringtonOH43147
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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 Pickerington at 251 Florence Dr, Pickerington, OH, 43147 priced at $347,800 pairs $2,766/mo rent with $479/mo cash flow after a $1,702/mo payment. Total monthly income equals $2,766/mo, and annual cash flow comes to $5,742/yr on $115,296 invested. Return on cash invested is 24.89% in year one, and rental yield stands at 9.54% on a $347,800 basis. Equity gained on principal adds $2,244/yr, and 5% annual appreciation accumulates to $96,091 by year five. Five-year ROI measures 130.08% and total cumulative return in cash reaches $149,971. For financing, Ziffy Mortgage’s DSCR program evaluates $2,766/mo property income against a $1,702/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
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Listed by: Rebecca S Collins • e-Merge Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022374
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.