593 Lehner Woods BlvdDelawareOH43015
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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 593 Lehner Woods Blvd, Delaware, OH, 43015 uses $86,190 cash to close to unlock $5,932/yr annual cash flow and $494/mo monthly cash flow. Total monthly income runs $2,205/mo, and a $1,273/mo payment keeps the spread at $494/mo. Purchase price stands at $260,000, and rental yield measures 10.18% with $2,205/mo rent. Return on cash invested shows 26.79% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 140.29% and total cumulative return in cash records $120,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,205/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 2003
1.21 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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