5503 Davis Dr SEHeathOH43056
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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 Heath at 5503 Davis Dr SE, Heath, OH, 43056 with 5% annual appreciation on a $275,777 basis while $1,830/mo rent supports operations. Total monthly income totals $1,830/mo and a $1,350/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $189/yr on $91,420 deployed, and return on cash invested reaches 20.12% in year one. Equity gained on principal adds $1,780/yr, and five-year appreciation sums $76,192 alongside rental yield of 7.96%. Five-year ROI measures 104.46% and total cumulative return in cash totals $95,499.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,830/mo property income versus a $1,350/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43056, Heath, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 5,490 (72.3%) |
| Renter Occupied HU | 1,816 (23.9%) |
| Vacant Housing Units | 285 ( 3.8%) |
| Median Home Value | $283,417 |
| Average Home Value | $310,703 |
Housing Distribution
Address Breakdown
Residential
7,530
Single Family
7,278
Multi-Family
252
Businesses
601
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Listed by: William A Mickey • RE/MAX Premier Choice
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224030218
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.