266 Sterndale 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
Investment property for sale in Pickerington at 266 Sterndale Dr, Pickerington, OH, 43147 listed at $435,960 pairs $3,174/mo rent with a $2,134/mo payment to leave $273/mo cash flow. Total monthly income runs $3,174/mo, and annual cash flow reaches $3,278/yr on $144,521 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 8.74% at a $435,960 basis. Equity gained on principal adds $2,813/yr, and annual property appreciation at 5% supports $120,448 by year five. Five-year ROI tracks 115.63% and total cumulative return in cash totals $167,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,174/mo property income relative to a $2,134/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$99 quarterly 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: Megan M Dodderer • D.R. Horton Realty of Ohio, In
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017593
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.