3242 Herr DrGroveportOH43125
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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 Groveport at 3242 Herr Dr, Groveport, OH, 43125 with 5% annual appreciation on a $320,000 basis while $2,646/mo rent supports operations. Total monthly income totals $2,646/mo and a $1,566/mo payment preserves $541/mo for cash returns. Annual cash flow comes to $6,496/yr on $106,080 deployed, and return on cash invested reaches 26.03% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 9.92%. Five-year ROI measures 136.21% and total cumulative return in cash totals $144,495.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,646/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43125, Groveport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,127 (100%) |
| Owner Occupied HU | 3,871 (54.3%) |
| Renter Occupied HU | 2,871 (40.3%) |
| Vacant Housing Units | 385 ( 5.4%) |
| Median Home Value | $255,576 |
| Average Home Value | $304,526 |
Housing Distribution
Address Breakdown
Residential
6,758
Single Family
5,874
Multi-Family
884
Businesses
584
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Listed by: Jonathan R Moore • Roby Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007552
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.