371 Federal CirDelawareOH43015
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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 Delaware at 371 Federal Cir, Delaware, OH, 43015 with 5% annual appreciation on a $263,000 basis while $2,072/mo rent supports operations. Total monthly income totals $2,072/mo and a $1,287/mo payment preserves $342/mo for cash returns. Annual cash flow comes to $4,107/yr on $87,185 deployed, and return on cash invested reaches 24.62% in year one. Equity gained on principal adds $1,697/yr, and five-year appreciation sums $72,662 alongside rental yield of 9.45%. Five-year ROI measures 128.66% and total cumulative return in cash totals $112,175.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,072/mo property income versus a $1,287/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
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Listed by: Chad E Long • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016601
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.