3662 Colonial DrHilliardOH43026
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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 Hilliard at 3662 Colonial Dr, Hilliard, OH, 43026 earns from $1,997/mo rent with a $1,493/mo payment. Total monthly income totals $1,997/mo. ROI tracks 16% on current figures, and rental yield reads 7.86% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 83.78% and total cumulative return in cash sums $84,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,997/mo property income instead of your personal income.
Condo
Built in 1999
1,742 sqft lot
$N/A/sqft
$320 monthly 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
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Listed by: Patricia S Wolfe Koehler • Cutler Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018386
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.