2536 Carroll Southern Rd NWCarrollOH43112
Nearby investment properties with comparable rents
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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 Carroll at 2536 Carroll Southern Rd NW, Carroll, OH, 43112 priced at $610,272 converts $4,494/mo rent into $480/mo cash flow after a $2,987/mo obligation. Total monthly income equals $4,494/mo, and annual cash flow totals $5,757/yr on $200,779 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 8.84% against a $610,272 entry. Equity gained on principal adds $3,938/yr, while 5% annual appreciation compiles into $168,607 by year five. Five-year ROI reaches 119.51% and total cumulative return in cash sums $239,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,494/mo property income covering a $2,987/mo payment, not borrower’s personal income.
Single Family
Built in 2016
3.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43112, Carroll, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,069 (100%) |
| Owner Occupied HU | 1,728 (83.5%) |
| Renter Occupied HU | 265 (12.8%) |
| Vacant Housing Units | 76 ( 3.7%) |
| Median Home Value | $411,136 |
| Average Home Value | $444,929 |
Housing Distribution
Address Breakdown
Residential
1,750
Single Family
1,700
Multi-Family
50
Businesses
206
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Listed by: Jonathan P Minerick • homecoin.com
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224026128
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.