461 Delaware CtWestervilleOH43081
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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
Investment property for sale in Westerville at 461 Delaware Ct, Westerville, OH, 43081 with 5% annual appreciation on a $395,000 basis while $2,917/mo rent supports operations. Total monthly income totals $2,917/mo and a $1,933/mo payment preserves $319/mo for cash returns. Annual cash flow comes to $3,829/yr on $130,943 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 8.86%. Five-year ROI measures 119.06% and total cumulative return in cash totals $155,898.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,917/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43081, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,305 (100%) |
| Owner Occupied HU | 16,644 (56.8%) |
| Renter Occupied HU | 11,105 (37.9%) |
| Vacant Housing Units | 1,556 ( 5.3%) |
| Median Home Value | $338,562 |
| Average Home Value | $364,562 |
Housing Distribution
Address Breakdown
Residential
30,160
Single Family
28,600
Multi-Family
1,560
Businesses
1,422
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Listed by: Brendan A Nebraska • Allan-Hunter Real Estate Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225036105
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.