6016 Castle RdAlexandriaOH43001
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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 Alexandria at 6016 Castle Rd, Alexandria, OH, 43001 generates $3,514/mo in rent and, after a $2,560/mo payment, leaves $74/mo in cash flow. Total monthly income is $3,514/mo, and annual cash flow is $883/yr on $172,067 invested. Return on cash invested sits at 20.57% in year one, and rental yield is 8.06% on a $523,000 entry. Equity gained on principal adds $3,375/yr, while 5% annual appreciation builds toward $144,495 over five years. Five-year ROI reaches 106.89% and total cumulative return in cash sums $183,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,514/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43001, Alexandria, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 949 (100%) |
| Owner Occupied HU | 811 (85.5%) |
| Renter Occupied HU | 105 (11.1%) |
| Vacant Housing Units | 33 ( 3.5%) |
| Median Home Value | $395,455 |
| Average Home Value | $464,316 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
917
Multi-Family
0
Businesses
87
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Listed by: Jessica King • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017378
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.