3416 Leap RdHilliardOH43026
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
Investment Highlights
Investment property for sale in Hilliard at 3416 Leap Rd, Hilliard, OH, 43026 uses $91,129 cash to close to unlock $387/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $1,840/mo, and a $1,346/mo payment keeps the spread at $32/mo. Purchase price stands at $274,900, and rental yield measures 8.03% with $1,840/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash records $96,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1971
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43026, Hilliard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,892 (100%) |
| Owner Occupied HU | 17,188 (63.9%) |
| Renter Occupied HU | 8,777 (32.6%) |
| Vacant Housing Units | 927 ( 3.4%) |
| Median Home Value | $354,062 |
| Average Home Value | $376,166 |
Housing Distribution
Address Breakdown
Residential
26,601
Single Family
24,365
Multi-Family
2,236
Businesses
1,723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices