593 Madison Way, Plain City, OH, 43064 | $1,481/mo Cash Flow

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593 Madison Way, Plain City, OH, 43064 | $1,481/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Plain City at 593 Madison Way, Plain City, OH, 43064 listed at $486,280 pairs $4,680/mo rent with a $2,380/mo payment to leave $1,481/mo cash flow. Total monthly income runs $4,680/mo, and annual cash flow reaches $17,777/yr on $161,202 cash to close. Return on cash invested measures 30.94% in year one, and rental yield registers 11.55% at a $486,280 basis. Equity gained on principal adds $3,138/yr, and annual property appreciation at 5% supports $134,350 by year five. Five-year ROI tracks 162.49% and total cumulative return in cash totals $261,944. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,680/mo property income relative to a $2,380/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

This two-story family favorite provides 5 large bedrooms and 3 full baths. The main level is home to a study that can be used as an office, as well as an in-law suite and full bath. The staircase enters from the family room for convenience and privacy. The kitchen offers beautiful cabinetry, spacious countertops, a large pantry and a built-in island with plenty of seating space. Upstairs, you'll find 4 additional bedrooms, including the primary, which features a gorgeous ensuite bathroom and walk-in closet. The second floor also has a 2nd living space that can be effectively used for entertainment. Once you picture your family in this spacious home, there will be no turning back.

Neighborhood Data

Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,188 (100%)
Owner Occupied HU	6,135 (74.9%)
Renter Occupied HU	1,502 (18.3%)
Vacant Housing Units	551 ( 6.7%)
Median Home Value	$425,227
Average Home Value	$487,481