5279 Slater RdgWestervilleOH43082
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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 Westerville at 5279 Slater Rdg, Westerville, OH, 43082 uses $249,711 cash to close to unlock $4,396/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $5,359/mo, and a $3,715/mo payment keeps the spread at $366/mo. Purchase price stands at $759,000, and rental yield measures 8.47% with $5,359/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $209,698 over five years. Five-year ROI reaches 113.59% and total cumulative return in cash records $283,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,359/mo property income covering a $3,715/mo payment rather than investor’s personal income.
Condo
Built in 2013
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43082, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,951 (100%) |
| Owner Occupied HU | 10,888 (84.1%) |
| Renter Occupied HU | 1,655 (12.8%) |
| Vacant Housing Units | 408 ( 3.2%) |
| Median Home Value | $484,702 |
| Average Home Value | $518,752 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
12,789
Multi-Family
122
Businesses
885
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Listed by: Michael Nacerino • Associates Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225030198