377 Westgreen LnWestervilleOH43082
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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 Westerville at 377 Westgreen Ln, Westerville, OH, 43082 with 5% annual appreciation on a $389,888 basis while $3,113/mo rent supports operations. Total monthly income totals $3,113/mo and a $1,908/mo payment preserves $549/mo for cash returns. Annual cash flow comes to $6,584/yr on $129,248 deployed, and return on cash invested reaches 25% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,719 alongside rental yield of 9.58%. Five-year ROI measures 130.67% and total cumulative return in cash totals $168,885.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,113/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43082, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,951 (100%) |
| Owner Occupied HU | 10,888 (84.1%) |
| Renter Occupied HU | 1,655 (12.8%) |
| Vacant Housing Units | 408 ( 3.2%) |
| Median Home Value | $484,702 |
| Average Home Value | $518,752 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
12,789
Multi-Family
122
Businesses
885
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Listed by: David E Barlow • Sell For One Percent
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225019564