5060 Martel RdCaledoniaOH43314
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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 Caledonia at 5060 Martel Rd, Caledonia, OH, 43314 earns from $1,177/mo rent with a $1,639/mo payment. Total monthly income totals $1,177/mo. ROI tracks 8.82% on current figures, and rental yield reads 4.22% at a $334,900 purchase. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 over five years. Five-year ROI reaches 43.93% and total cumulative return in cash sums $48,769. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,177/mo property income instead of your personal income.
Single Family
Built in 1956
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43314, Caledonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 973 (75.1%) |
| Renter Occupied HU | 227 (17.5%) |
| Vacant Housing Units | 95 ( 7.3%) |
| Median Home Value | $202,725 |
| Average Home Value | $224,743 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,009
Multi-Family
41
Businesses
44
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Listed by: Joshua D Cooper • RE/MAX Revealty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225013598
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.