48 Ellington Commons LnGranvilleOH43023
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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 Granville at 48 Ellington Commons Ln, Granville, OH, 43023 earns $163/mo cash flow from $2,068/mo rent with a $1,172/mo payment. Total monthly income totals $2,068/mo, and annual cash flow totals $1,954/yr on $79,394 capital. ROI tracks 22.37% on current figures, and rental yield reads 10.36% at a $239,500 purchase. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 over five years. Five-year ROI reaches 118.35% and total cumulative return in cash sums $93,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,068/mo property income instead of your personal income.
Condo
Built in 2006
1,742 sqft lot
$N/A/sqft
$330 monthly 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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Listed by: Eric R Smith • Doug Smith Realty & Auction Co
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224029338
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.