3060 Catan LoopGrove CityOH43123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grove City at 3060 Catan Loop, Grove City, OH, 43123 listed at $304,000 pairs $2,255/mo rent with a $1,488/mo payment to leave $255/mo cash flow. Total monthly income runs $2,255/mo, and annual cash flow reaches $3,063/yr on $100,776 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 8.9% at a $304,000 basis. Equity gained on principal adds $1,962/yr, and annual property appreciation at 5% supports $83,990 by year five. Five-year ROI tracks 119.69% and total cumulative return in cash totals $120,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,255/mo property income relative to a $1,488/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43123, Grove City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,156 (100%) |
| Owner Occupied HU | 19,582 (69.5%) |
| Renter Occupied HU | 7,451 (26.5%) |
| Vacant Housing Units | 1,123 ( 4.0%) |
| Median Home Value | $326,288 |
| Average Home Value | $347,272 |
Housing Distribution
Address Breakdown
Residential
28,592
Single Family
27,340
Multi-Family
1,252
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Dalessandri • e-Merge Real Estate Excellence
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225042160