254 Grant 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
Investment property for sale in Plain City at 254 Grant Ave, Plain City, OH, 43064 with 5% annual appreciation on a $309,770 basis while $2,179/mo rent supports operations. Total monthly income totals $2,179/mo and a $1,516/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,699/yr on $102,689 deployed, and return on cash invested reaches 21.56% in year one. Equity gained on principal adds $1,999/yr, and five-year appreciation sums $85,584 alongside rental yield of 8.44%. Five-year ROI measures 112.23% and total cumulative return in cash totals $115,243.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,179/mo property income versus a $1,516/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,098 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: Jamie Murrell • Valor Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225041887