615 Huron DrHeathOH43056
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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 Heath at 615 Huron Dr, Heath, OH, 43056 offers $1,830/mo rent that, after a $1,062/mo payment, leaves $403/mo cash flow. Total monthly income is $1,830/mo, and annual cash flow is $4,833/yr on $71,936 cash. Return on cash invested measures 26.63% in year one, and rental yield stands at 10.12% at a $217,000 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,953 by year five. Five-year ROI records 139.38% and total cumulative return in cash reaches $100,265. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,830/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43056, Heath, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 5,490 (72.3%) |
| Renter Occupied HU | 1,816 (23.9%) |
| Vacant Housing Units | 285 ( 3.8%) |
| Median Home Value | $283,417 |
| Average Home Value | $310,703 |
Housing Distribution
Address Breakdown
Residential
7,530
Single Family
7,278
Multi-Family
252
Businesses
601
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Listed by: Braquel Carlock • RIHL Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000857
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.