343 Shannon LnGranvilleOH43023
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder343 Shannon Ln, Granville, OH, 43023 in Granville is a stable, well-positioned rental at $290,000. Rental yield 7.71%. DSCR 1.43 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $80,122 in value and $2,671/yr in principal paydown builds equity, a total projected return of $85,508.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $(412) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,862 |
| Total Monthly Debt Service | $2,159 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1996
N/A lot
$N/A/sqft
$367 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43023, Granville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,174 (100%) |
| Owner Occupied HU | 4,215 (81.5%) |
| Renter Occupied HU | 710 (13.7%) |
| Vacant Housing Units | 249 ( 4.8%) |
| Median Home Value | $451,673 |
| Average Home Value | $522,331 |
Housing Distribution
Address Breakdown
Residential
5,048
Single Family
4,791
Multi-Family
257
Businesses
397
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
Condo
Built in 1996
N/A lot
$N/A/sqft
$367 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43023, Granville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,174 (100%) |
| Owner Occupied HU | 4,215 (81.5%) |
| Renter Occupied HU | 710 (13.7%) |
| Vacant Housing Units | 249 ( 4.8%) |
| Median Home Value | $451,673 |
| Average Home Value | $522,331 |
Housing Distribution
Address Breakdown
Residential
5,048
Single Family
4,791
Multi-Family
257
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hugh H Price • Howard HannaRealEstateServices
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029841
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.