4981 Ebright RdCanal WinchesterOH43110
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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 Canal Winchester at 4981 Ebright Rd, Canal Winchester, OH, 43110 uses $65,969 cash to close to unlock $4,284/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,865/mo, and a $974/mo payment keeps the spread at $357/mo. Purchase price stands at $199,000, and rental yield measures 11.25% with $1,865/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.57% and total cumulative return in cash records $92,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,865/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 2016
1,306 sqft lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43110, Canal Winchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,451 (100%) |
| Owner Occupied HU | 9,914 (53.7%) |
| Renter Occupied HU | 7,454 (40.4%) |
| Vacant Housing Units | 1,083 ( 5.9%) |
| Median Home Value | $322,853 |
| Average Home Value | $340,513 |
Housing Distribution
Address Breakdown
Residential
17,502
Single Family
16,418
Multi-Family
1,084
Businesses
627
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Listed by: Trudy D Tiu • Walker Tiu Real Estate Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029214
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.