6123 Follensby DrWestervilleOH43081
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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 6123 Follensby Dr, Westerville, OH, 43081 uses $125,937 cash to close to unlock $1,374/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $2,718/mo, and a $1,859/mo payment keeps the spread at $115/mo. Purchase price stands at $379,900, and rental yield measures 8.59% with $2,718/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 109.57% and total cumulative return in cash records $137,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,718/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 2014
3,920 sqft lot
$N/A/sqft
$105 monthly 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: Kristen Keys • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018492
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.