5556 Falco DrWestervilleOH43081
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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 Westerville at 5556 Falco Dr, Westerville, OH, 43081 offers $3,816/mo rent that, after a $2,437/mo payment, leaves $541/mo cash flow. Total monthly income is $3,816/mo, and annual cash flow is $6,488/yr on $165,087 cash. Return on cash invested measures 23.84% in year one, and rental yield stands at 9.2% at a $498,000 entry. Equity gained on principal adds $3,214/yr while 5% annual appreciation compounds into $137,588 by year five. Five-year ROI records 124.43% and total cumulative return in cash reaches $205,420. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,816/mo property income versus a $2,437/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43081, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,305 (100%) |
| Owner Occupied HU | 16,644 (56.8%) |
| Renter Occupied HU | 11,105 (37.9%) |
| Vacant Housing Units | 1,556 ( 5.3%) |
| Median Home Value | $338,562 |
| Average Home Value | $364,562 |
Housing Distribution
Address Breakdown
Residential
30,160
Single Family
28,600
Multi-Family
1,560
Businesses
1,422
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Listed by: Nicole Yoder-Barnhart • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls ID: #1042212