304 Cherry Hills RdCommercial 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
Investment property for sale in Commercial Point at 304 Cherry Hills Rd, Commercial Point, OH, 43116 earns from $2,526/mo rent with a $2,736/mo payment. Total monthly income totals $2,526/mo. ROI tracks 12.55% on current figures, and rental yield reads 5.42% at a $559,010 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,444 over five years. Five-year ROI reaches 63.86% and total cumulative return in cash sums $117,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,526/mo property income instead of your personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No 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 ID: #225044580