3424 S Bank Rd NEMillersportOH43046
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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
Total monthly income runs $3,600/mo, and a $3,108/mo payment. Purchase price stands at $635,000, and rental yield measures 6.8% with $3,600/mo rent. Return on cash invested shows 16.75% in year one, and 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 86.38% and total cumulative return in cash records $180,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $3,108/mo payment rather than investor’s personal income.
Single Family
Built in 1936
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43046, Millersport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,061 (62.1%) |
| Renter Occupied HU | 311 (18.2%) |
| Vacant Housing Units | 336 (19.7%) |
| Median Home Value | $377,448 |
| Average Home Value | $429,630 |
Housing Distribution
Address Breakdown
Residential
1,324
Single Family
1,324
Multi-Family
0
Businesses
99
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Listed by: Rhiannon M Ferrari • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226001254