563 Cherry StGroveportOH43125
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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 Groveport at 563 Cherry St, Groveport, OH, 43125 priced at $247,700 pairs $2,305/mo rent with $676/mo cash flow after a $1,212/mo payment. Total monthly income equals $2,305/mo, and annual cash flow comes to $8,112/yr on $82,113 invested. Return on cash invested is 29.79% in year one, and rental yield stands at 11.17% on a $247,700 basis. Equity gained on principal adds $1,598/yr, and 5% annual appreciation accumulates to $68,435 by year five. Five-year ROI measures 156.39% and total cumulative return in cash reaches $128,420. For financing, Ziffy Mortgage’s DSCR program evaluates $2,305/mo property income against a $1,212/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43125, Groveport, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,127 (100%) |
| Owner Occupied HU | 3,871 (54.3%) |
| Renter Occupied HU | 2,871 (40.3%) |
| Vacant Housing Units | 385 ( 5.4%) |
| Median Home Value | $255,576 |
| Average Home Value | $304,526 |
Housing Distribution
Address Breakdown
Residential
6,758
Single Family
5,874
Multi-Family
884
Businesses
584
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Listed by: Megan L Bell • Real of Ohio
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225019341
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.