402 Wooster StPickeringtonOH43147
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 402 Wooster St, Pickerington, OH, 43147 in Pickerington at $364,900 earns $2,517/mo in rent and nets $76/mo after the $1,641/mo payment, a 8.28% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $100,815 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $3,361/yr in principal paydown, total projected return reaches $144,088.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $76 | $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 | $2,517 |
| Total Monthly Debt Service | $2,295 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
$485 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
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
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
$485 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darci L Wagner • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225023864
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.