406 Crownover WayLewis CenterOH43035
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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
Rental property for sale in Lewis Center at 406 Crownover Way, Lewis Center, OH, 43035 priced at $599,000 pairs $3,439/mo rent with after a $2,932/mo payment. Total monthly income equals $3,439/mo. Return on cash invested is 16.7% in year one, and rental yield stands at 6.89% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 86.24% and total cumulative return in cash reaches $169,954. For financing, Ziffy Mortgage’s DSCR program evaluates $3,439/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
$570 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43035, Lewis Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 9,292 (73.0%) |
| Renter Occupied HU | 2,901 (22.8%) |
| Vacant Housing Units | 533 ( 4.2%) |
| Median Home Value | $464,038 |
| Average Home Value | $490,137 |
Housing Distribution
Address Breakdown
Residential
12,819
Single Family
12,755
Multi-Family
64
Businesses
1,005
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Listed by: Ramamohan R Sanepalli • Key Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225013215
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.