507 Walker Pointe DrCommercial PointOH43116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Commercial Point at 507 Walker Pointe Dr, Commercial Point, OH, 43116 offers a 7.8% rental yield on a $450,000 purchase with $2,926/mo rent. 63% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 101.87% and total cumulative return in cash at $151,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,926/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43116, Commercial Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,098 (100%) |
| Owner Occupied HU | 991 (90.3%) |
| Renter Occupied HU | 73 ( 6.6%) |
| Vacant Housing Units | 34 ( 3.1%) |
| Median Home Value | $340,505 |
| Average Home Value | $344,770 |
Housing Distribution
Address Breakdown
Residential
1,105
Single Family
1,105
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wanda Hogan-Aycock • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225045166