540 Milnor RdPickeringtonOH43147
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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 Pickerington at 540 Milnor Rd, Pickerington, OH, 43147 with 5% annual appreciation on a $555,000 basis while $3,768/mo rent supports operations. Total monthly income totals $3,768/mo and a $2,716/mo payment preserves $118/mo for cash returns. Annual cash flow comes to $1,413/yr on $182,595 deployed, and return on cash invested reaches 20.83% in year one. Equity gained on principal adds $3,581/yr, and five-year appreciation sums $153,336 alongside rental yield of 8.15%. Five-year ROI measures 108.28% and total cumulative return in cash totals $197,720.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,768/mo property income versus a $2,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
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Listed by: Tristden M Bauer • Bauer Realty & Auctions
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016982
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.