3215 Farmhouse Ln #F2PTGDGrove CityOH43123
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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 Grove City at 3215 Farmhouse Ln #F2PTGD, Grove City, OH, 43123 uses $149,241 cash to close to unlock $386/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $2,204/mo payment keeps the spread at $32/mo. Purchase price stands at $450,200, and rental yield measures 7.98% with $2,994/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $124,382 over five years. Five-year ROI reaches 104.77% and total cumulative return in cash records $156,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $2,204/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A 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
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Listed by: N/A • N/A
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Mls ID: #N/A