3158 Melody LoopPlain CityOH43064
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3158 Melody Loop, Plain City, OH, 43064 in Plain City deserves attention. This $546,183 property earns $4,680/mo in rent, a 10.28% gross yield, and nets $1,049/mo after the $2,456/mo payment. DSCR 1.91 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $150,900 compounds alongside $5,030/yr in yearly equity build, for a total cumulative return of $275,784.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $1,049 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,680 |
| Total Monthly Debt Service | $3,413 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney J Mitchell • RE/MAX Premier Choice
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225042008
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.