5661 Shellbark StGroveportOH43125
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 5661 Shellbark St, Groveport, OH, 43125 in Groveport hard to pass up. The 11.87% gross yield on a $386,000 purchase results in $3,820/mo in rent and $1,194/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.20). Annual cash flow of $14,329, five-year appreciation of $106,645, and $3,555/yr in equity build-up combine for a projected total cumulative return of $224,252.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $1,194 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,820 |
| Total Monthly Debt Service | $2,472 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
8,712 sqft lot
$N/A/sqft
$173 annually 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
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
Single Family
Built in 2014
8,712 sqft lot
$N/A/sqft
$173 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raecine Ringold • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029287
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.