307 Shady Hollow DrCommercial 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 307 Shady Hollow Dr, Commercial Point, OH, 43116 priced at $393,000 pairs $2,898/mo rent with $290/mo cash flow after a $1,924/mo payment. Total monthly income equals $2,898/mo, and annual cash flow comes to $3,484/yr on $130,280 invested. Return on cash invested is 22.58% in year one, and rental yield stands at 8.85% on a $393,000 basis. Equity gained on principal adds $2,536/yr, and 5% annual appreciation accumulates to $108,579 by year five. Five-year ROI measures 117.78% and total cumulative return in cash reaches $153,446. For financing, Ziffy Mortgage’s DSCR program evaluates $2,898/mo property income against a $1,924/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
7,840 sqft lot
$N/A/sqft
$265 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: Joshua Nungesser • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225038282
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.