407 Carters Corner RdSunburyOH43074
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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 Sunbury at 407 Carters Corner Rd, Sunbury, OH, 43074 priced at $550,000 pairs $2,406/mo rent with after a $2,692/mo payment. Total monthly income equals $2,406/mo. Return on cash invested is 12.02% in year one, and rental yield stands at 5.25% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 61.06% and total cumulative return in cash reaches $110,482. For financing, Ziffy Mortgage’s DSCR program evaluates $2,406/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43074, Sunbury, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,846 (100%) |
| Owner Occupied HU | 5,063 (74.0%) |
| Renter Occupied HU | 1,419 (20.7%) |
| Vacant Housing Units | 364 ( 5.3%) |
| Median Home Value | $489,630 |
| Average Home Value | $534,277 |
Housing Distribution
Address Breakdown
Residential
6,933
Single Family
6,697
Multi-Family
236
Businesses
553
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Listed by: Shawn F Parker • Parker Realty Associates
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224027248
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.