566 Woodruff RdRayOH45672
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 Ray at 566 Woodruff Rd, Ray, OH, 45672 offers $2,234/mo rent that, after a $1,273/mo payment, leaves $523/mo cash flow. Total monthly income is $2,234/mo, and annual cash flow is $6,280/yr on $86,190 cash. Return on cash invested measures 27.2% in year one, and rental yield stands at 10.31% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 142.46% and total cumulative return in cash reaches $122,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,234/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45672, Ray, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 851 (100%) |
| Owner Occupied HU | 610 (71.7%) |
| Renter Occupied HU | 125 (14.7%) |
| Vacant Housing Units | 116 (13.6%) |
| Median Home Value | $158,571 |
| Average Home Value | $173,611 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
746
Multi-Family
0
Businesses
10
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Nearby investment properties with comparable prices
Listed by: Lori A Adler • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000048
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