4808 Wallington DrHilliardOH43026
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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 Hilliard at 4808 Wallington Dr, Hilliard, OH, 43026 generates $2,784/mo in rent and, after a $1,614/mo payment, leaves $615/mo in cash flow. Total monthly income is $2,784/mo, and annual cash flow is $7,378/yr on $109,329 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 10.13% on a $329,800 entry. Equity gained on principal adds $2,128/yr, while 5% annual appreciation builds toward $91,118 over five years. Five-year ROI reaches 139.54% and total cumulative return in cash sums $152,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,784/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43026, Hilliard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,892 (100%) |
| Owner Occupied HU | 17,188 (63.9%) |
| Renter Occupied HU | 8,777 (32.6%) |
| Vacant Housing Units | 927 ( 3.4%) |
| Median Home Value | $354,062 |
| Average Home Value | $376,166 |
Housing Distribution
Address Breakdown
Residential
26,601
Single Family
24,365
Multi-Family
2,236
Businesses
1,723
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Listed by: Richard J Sanford • RE/MAX Achievers
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224032151
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.