614 Renick AveCirclevilleOH43113
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Nearby investment properties with comparable prices
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 Circleville at 614 Renick Ave, Circleville, OH, 43113 priced at $154,900 pairs $1,074/mo rent with $55/mo cash flow after a $758/mo payment. Total monthly income equals $1,074/mo, and annual cash flow comes to $663/yr on $51,349 invested. Return on cash invested is 21.2% in year one, and rental yield stands at 8.32% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 110.34% and total cumulative return in cash reaches $56,660. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43113, Circleville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,424 (100%) |
| Owner Occupied HU | 6,541 (62.7%) |
| Renter Occupied HU | 3,303 (31.7%) |
| Vacant Housing Units | 580 ( 5.6%) |
| Median Home Value | $237,736 |
| Average Home Value | $280,753 |
Housing Distribution
Address Breakdown
Residential
10,085
Single Family
9,858
Multi-Family
227
Businesses
873
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Listed by: Jennifer L Brown • e-Merge Real Estate Crossroads
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225034010