3946 Wiston DrGroveportOH43125
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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 Groveport at 3946 Wiston Dr, Groveport, OH, 43125 offers a 9.6% rental yield on a $249,900 purchase with $2,000/mo rent. Total monthly income registers $2,000/mo, and a $1,223/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $676/yr on $82,842 to close, and return on cash invested stands at 20.72% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 109.32% and total cumulative return in cash at $90,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,000/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
1,742 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43125, Groveport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,127 (100%) |
| Owner Occupied HU | 3,871 (54.3%) |
| Renter Occupied HU | 2,871 (40.3%) |
| Vacant Housing Units | 385 ( 5.4%) |
| Median Home Value | $255,576 |
| Average Home Value | $304,526 |
Housing Distribution
Address Breakdown
Residential
6,758
Single Family
5,874
Multi-Family
884
Businesses
584
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Listed by: Julie M Braughton • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225012644
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.