5697 Sugarwood DrNew AlbanyOH43054
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
Investment property for sale in New Albany at 5697 Sugarwood Dr, New Albany, OH, 43054 at $648,500 posts ROI 48.13% with $4,991/mo cash flow from $9,298/mo rent. Total monthly income equals $9,298/mo, and annual cash flow records $59,888/yr on $213,357 to close. Return on cash invested measures 48.13% and rental yield reads 17.21% at the current $648,500. Equity gained on principal adds $4,185/yr, and 5% annual appreciation supports $179,169 by year five. Five-year ROI prints 254.74% and total cumulative return in cash totals $543,503.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43054, New Albany, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,364 (100%) |
| Owner Occupied HU | 7,396 (59.8%) |
| Renter Occupied HU | 4,217 (34.1%) |
| Vacant Housing Units | 751 ( 6.1%) |
| Median Home Value | $481,906 |
| Average Home Value | $586,729 |
Housing Distribution
Address Breakdown
Residential
11,730
Single Family
11,025
Multi-Family
705
Businesses
883
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Listed by: Alan D Hinson • New Albany Realty, LTD
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224036038
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.