5613 Villa Gates Dr #9HilliardOH43026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hilliard at 5613 Villa Gates Dr #9, Hilliard, OH, 43026 generates $1,823/mo in rent, after a $1,659/mo payment. Total monthly income is $1,823/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 6.45% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 80.09% and total cumulative return in cash sums $90,004. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,823/mo property income rather than buyer’s personal income.
Condo
Built in 1995
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43026, Hilliard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,892 (100%) |
| Owner Occupied HU | 17,188 (63.9%) |
| Renter Occupied HU | 8,777 (32.6%) |
| Vacant Housing Units | 927 ( 3.4%) |
| Median Home Value | $354,062 |
| Average Home Value | $376,166 |
Housing Distribution
Address Breakdown
Residential
26,601
Single Family
24,365
Multi-Family
2,236
Businesses
1,723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices