3215 Farmhouse Ln #T48DJZGrove 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 #T48DJZ, Grove City, OH, 43123 listed at $455,800 pairs $3,036/mo rent with a $2,231/mo payment to leave $38/mo cash flow. Total monthly income runs $3,036/mo, and annual cash flow reaches $453/yr on $151,098 cash to close. Return on cash invested measures 20.21% in year one, and rental yield registers 7.99% at a $455,800 basis. Equity gained on principal adds $2,941/yr, and annual property appreciation at 5% supports $125,929 by year five. Five-year ROI tracks 104.95% and total cumulative return in cash totals $158,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,036/mo property income relative to a $2,231/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Mls Name: undefined
Mls ID: #N/A