423 Westland AveBexleyOH43209
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
Investment Highlights
Rental property for sale in Bexley at 423 Westland Ave, Bexley, OH, 43209 offers $2,994/mo rent that, after a $4,410/mo payment. Total monthly income is $2,994/mo. Return on cash invested measures 6.57% in year one, and rental yield stands at 3.99% at a $901,000 entry. Equity gained on principal adds $5,814/yr while 5% annual appreciation compounds into $248,930 by year five. Five-year ROI records 32.38% and total cumulative return in cash reaches $95,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $4,410/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3,920 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43209, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,799 (100%) |
| Owner Occupied HU | 6,760 (52.8%) |
| Renter Occupied HU | 5,116 (40.0%) |
| Vacant Housing Units | 923 ( 7.2%) |
| Median Home Value | $417,341 |
| Average Home Value | $492,724 |
Housing Distribution
Address Breakdown
Residential
12,028
Single Family
10,198
Multi-Family
1,830
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Messiva Amer-Yahia • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224036611
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.