440 Dorrence RdGranvilleOH43023
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 Granville at 440 Dorrence Rd, Granville, OH, 43023 priced at $1,195,000 pairs $3,690/mo rent with after a $5,849/mo payment. Total monthly income equals $3,690/mo. Return on cash invested is 7.44% in year one, and rental yield stands at 3.71% on a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and 5% annual appreciation accumulates to $330,156 by year five. Five-year ROI measures 36.42% and total cumulative return in cash reaches $141,026. For financing, Ziffy Mortgage’s DSCR program evaluates $3,690/mo property income against a $5,849/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices