264 Ridgeway DrHowardOH43028
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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 Howard at 264 Ridgeway Dr, Howard, OH, 43028 earns $683/mo cash flow from $2,456/mo rent with a $1,297/mo payment. Total monthly income totals $2,456/mo, and annual cash flow totals $8,196/yr on $87,848 capital. ROI tracks 29.24% on current figures, and rental yield reads 11.12% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 153.52% and total cumulative return in cash sums $134,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,456/mo property income instead of your personal income.
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
$359 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43028, Howard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 2,753 (69.8%) |
| Renter Occupied HU | 379 ( 9.6%) |
| Vacant Housing Units | 812 (20.6%) |
| Median Home Value | $276,205 |
| Average Home Value | $342,382 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,572
Multi-Family
0
Businesses
84
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Listed by: Sam Miller • Re/Max Stars
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022497
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.