3185 Herrick RdUpper ArlingtonOH43221
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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 Upper Arlington at 3185 Herrick Rd, Upper Arlington, OH, 43221 generates $2,940/mo in rent, after a $2,851/mo payment. Total monthly income is $2,940/mo. Return on cash invested sits at 14.34% in year one, and rental yield is 6.06% on a $582,500 entry. Equity gained on principal adds $3,759/yr, while 5% annual appreciation builds toward $160,934 over five years. Five-year ROI reaches 73.52% and total cumulative return in cash sums $140,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43221, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 10,009 (66.9%) |
| Renter Occupied HU | 4,110 (27.5%) |
| Vacant Housing Units | 846 ( 5.7%) |
| Median Home Value | $466,238 |
| Average Home Value | $541,856 |
Housing Distribution
Address Breakdown
Residential
14,875
Single Family
14,071
Multi-Family
804
Businesses
773
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Listed by: Stephanie L Rucinski • Red Frog Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007146
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.