297 Olympic LoopCommercial PointOH43116
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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 Commercial Point at 297 Olympic Loop, Commercial Point, OH, 43116 priced at $495,390 converts $2,334/mo rent into after a $2,425/mo obligation. Total monthly income equals $2,334/mo. Return on cash invested prints 12.66% in year one, and rental yield reads 5.65% against a $495,390 entry. Equity gained on principal adds $3,197/yr, while 5% annual appreciation compiles into $136,867 by year five. Five-year ROI reaches 64.68% and total cumulative return in cash sums $106,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,334/mo property income covering a $2,425/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$400 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43116, Commercial Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,098 (100%) |
| Owner Occupied HU | 991 (90.3%) |
| Renter Occupied HU | 73 ( 6.6%) |
| Vacant Housing Units | 34 ( 3.1%) |
| Median Home Value | $340,505 |
| Average Home Value | $344,770 |
Housing Distribution
Address Breakdown
Residential
1,105
Single Family
1,105
Multi-Family
0
Businesses
34
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Listed by: Daniel V Tartabini • New Advantage, LTD
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225028464
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.