439 Pine Tree Dr NEGranvilleOH43023
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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 Granville at 439 Pine Tree Dr NE, Granville, OH, 43023 priced at $585,000 converts $2,160/mo rent into after a $2,863/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 9.54% in year one, and rental yield reads 4.43% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 47.73% and total cumulative return in cash sums $91,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43023, Granville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,174 (100%) |
| Owner Occupied HU | 4,215 (81.5%) |
| Renter Occupied HU | 710 (13.7%) |
| Vacant Housing Units | 249 ( 4.8%) |
| Median Home Value | $451,673 |
| Average Home Value | $522,331 |
Housing Distribution
Address Breakdown
Residential
5,048
Single Family
4,791
Multi-Family
257
Businesses
397
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