55 E Scioto DrPowellOH43065
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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 Powell at 55 E Scioto Dr, Powell, OH, 43065 generates $3,589/mo in rent and, after a $2,374/mo payment, leaves $220/mo in cash flow. Total monthly income is $3,589/mo, and annual cash flow is $2,634/yr on $160,778 invested. Return on cash invested sits at 21.55% in year one, and rental yield is 8.88% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 112.63% and total cumulative return in cash sums $181,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,589/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43065, Powell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,427 (100%) |
| Owner Occupied HU | 14,998 (81.4%) |
| Renter Occupied HU | 2,352 (12.8%) |
| Vacant Housing Units | 1,077 ( 5.8%) |
| Median Home Value | $515,430 |
| Average Home Value | $571,778 |
Housing Distribution
Address Breakdown
Residential
18,368
Single Family
17,389
Multi-Family
979
Businesses
1,219
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Listed by: Joseph J Evans • RE/MAX Town Center
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225012160
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.