5540 Gabriels Landing Dr #602GallowayOH43119
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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 Galloway at 5540 Gabriels Landing Dr #602, Galloway, OH, 43119 generates $1,808/mo in rent and, after a $1,028/mo payment, leaves $147/mo in cash flow. Total monthly income is $1,808/mo, and annual cash flow is $1,758/yr on $69,615 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 10.33% on a $209,999 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 118.69% and total cumulative return in cash sums $82,623. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,808/mo property income rather than buyer’s personal income.
Condo
Built in 2006
871.20 sqft lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43119, Galloway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,906 (100%) |
| Owner Occupied HU | 8,065 (67.7%) |
| Renter Occupied HU | 3,539 (29.7%) |
| Vacant Housing Units | 302 ( 2.5%) |
| Median Home Value | $275,062 |
| Average Home Value | $310,180 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
11,255
Multi-Family
192
Businesses
244
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Listed by: Dominique M Dejarnette • Signature Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000559
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.