4821 Bay Grove CtGroveportOH43125
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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 Groveport at 4821 Bay Grove Ct, Groveport, OH, 43125 priced at $253,888 converts $1,840/mo rent into after a $1,243/mo obligation. Total monthly income equals $1,840/mo. Return on cash invested prints 18.55% in year one, and rental yield reads 8.7% against a $253,888 entry. Equity gained on principal adds $1,638/yr, while 5% annual appreciation compiles into $70,145 by year five. Five-year ROI reaches 97.43% and total cumulative return in cash sums $82,003. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,840/mo property income covering a $1,243/mo payment, not borrower’s personal income.
Condo
Built in 1994
1,742 sqft lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43125, Groveport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,127 (100%) |
| Owner Occupied HU | 3,871 (54.3%) |
| Renter Occupied HU | 2,871 (40.3%) |
| Vacant Housing Units | 385 ( 5.4%) |
| Median Home Value | $255,576 |
| Average Home Value | $304,526 |
Housing Distribution
Address Breakdown
Residential
6,758
Single Family
5,874
Multi-Family
884
Businesses
584
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Listed by: Ronnie D Woodrow • Realistar
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000907
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.