4490 N Bank RdBuckeye LakeOH43008
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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 Buckeye Lake at 4490 N Bank Rd, Buckeye Lake, OH, 43008 priced at $425,000 pairs $2,961/mo rent with $166/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,961/mo, and annual cash flow comes to $1,987/yr on $140,888 invested. Return on cash invested is 21.32% in year one, and rental yield stands at 8.36% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 110.93% and total cumulative return in cash reaches $156,281. For financing, Ziffy Mortgage’s DSCR program evaluates $2,961/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43008, Buckeye Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,140 (100%) |
| Owner Occupied HU | 597 (52.4%) |
| Renter Occupied HU | 261 (22.9%) |
| Vacant Housing Units | 282 (24.7%) |
| Median Home Value | $209,559 |
| Average Home Value | $255,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
95
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Listed by: Kacey A Wright • RE/MAX Partners
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225023178
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.