34278 Memory LnLondonderryOH45647
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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 Londonderry at 34278 Memory Ln, Londonderry, OH, 45647 listed at $234,000 pairs $984/mo rent with a $1,145/mo payment. Total monthly income runs $984/mo. Return on cash invested measures 11.32% in year one, and rental yield registers 5.05% at a $234,000 basis. Equity gained on principal adds $1,510/yr, and annual property appreciation at 5% supports $64,650 by year five. Five-year ROI tracks 57.36% and total cumulative return in cash totals $44,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $984/mo property income relative to a $1,145/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45647, Londonderry, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 736 (72.8%) |
| Renter Occupied HU | 157 (15.5%) |
| Vacant Housing Units | 118 (11.7%) |
| Median Home Value | $175,221 |
| Average Home Value | $189,480 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
31
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Listed by: Julia N DiNardo • Century 21 Excellence Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225043482