536 Pierce AveWhitehallOH43213
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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 Whitehall at 536 Pierce Ave, Whitehall, OH, 43213 priced at $275,000 converts $1,691/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,691/mo. Return on cash invested prints 18.36% in year one, and rental yield reads 7.38% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 95.06% and total cumulative return in cash sums $86,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,691/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43213, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,265 (100%) |
| Owner Occupied HU | 6,043 (37.2%) |
| Renter Occupied HU | 9,258 (56.9%) |
| Vacant Housing Units | 964 ( 5.9%) |
| Median Home Value | $251,914 |
| Average Home Value | $297,672 |
Housing Distribution
Address Breakdown
Residential
15,606
Single Family
13,382
Multi-Family
2,224
Businesses
1,327
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