5783 Albany GrnWestervilleOH43081
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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 Westerville at 5783 Albany Grn, Westerville, OH, 43081 priced at $264,400 converts $1,925/mo rent into after a $1,294/mo obligation. Total monthly income equals $1,925/mo. Return on cash invested prints 18.42% in year one, and rental yield reads 8.74% against a $264,400 entry. Equity gained on principal adds $1,706/yr, while 5% annual appreciation compiles into $73,049 by year five. Five-year ROI reaches 96.79% and total cumulative return in cash sums $84,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,925/mo property income covering a $1,294/mo payment, not borrower’s personal income.
Condo
Built in 1997
1,306 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43081, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,305 (100%) |
| Owner Occupied HU | 16,644 (56.8%) |
| Renter Occupied HU | 11,105 (37.9%) |
| Vacant Housing Units | 1,556 ( 5.3%) |
| Median Home Value | $338,562 |
| Average Home Value | $364,562 |
Housing Distribution
Address Breakdown
Residential
30,160
Single Family
28,600
Multi-Family
1,560
Businesses
1,422
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Listed by: Oumou C Diallo • e-Merge Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224036483
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.