2892 Winnemac PikeLa RueOH43332
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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 La Rue at 2892 Winnemac Pike, La Rue, OH, 43332 listed at $390,000 pairs $2,893/mo rent with a $1,909/mo payment to leave $328/mo cash flow. Total monthly income runs $2,893/mo, and annual cash flow reaches $3,930/yr on $129,285 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 8.9% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 119.67% and total cumulative return in cash totals $154,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,893/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43332, La Rue, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 599 (71.4%) |
| Renter Occupied HU | 188 (22.4%) |
| Vacant Housing Units | 52 ( 6.2%) |
| Median Home Value | $203,788 |
| Average Home Value | $328,606 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
771
Multi-Family
36
Businesses
30
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Listed by: Heather Conley • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000038
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.