5848 Edge Of VlgWestervilleOH43081
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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
Investment property for sale in Westerville at 5848 Edge Of Vlg, Westerville, OH, 43081 offers a 8.11% rental yield on a $284,900 purchase with $1,925/mo rent. Total monthly income registers $1,925/mo, and a $1,394/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $617/yr on $94,444 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 106.87% and total cumulative return in cash at $100,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,925/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
871.20 sqft lot
$N/A/sqft
No 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: Raquel Drouillard • Weichert, Realtors Triumph Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225045422