592 Willis LnDelawareOH43015
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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 Delaware at 592 Willis Ln, Delaware, OH, 43015 offers a 9.08% rental yield on a $202,000 purchase with $1,528/mo rent. Total monthly income registers $1,528/mo, and a $989/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,388/yr on $66,963 to close, and return on cash invested stands at 23.47% in year one. Equity gained on principal adds $1,303/yr while 5% annual appreciation supports $55,809 over five years. Portfolio math shows five-year ROI at 122.45% and total cumulative return in cash at $81,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,528/mo property income against a $989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
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