6204 Country Side RdPlain CityOH43064
Nearby investment properties with comparable rents
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 Plain City at 6204 Country Side Rd, Plain City, OH, 43064 generates $2,607/mo in rent and, after a $1,884/mo payment, leaves $75/mo in cash flow. Total monthly income is $2,607/mo, and annual cash flow is $899/yr on $127,628 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 8.13% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash sums $136,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,607/mo property income rather than buyer’s personal income.
Condo
Built in 2002
2,178 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Lee • Keller Williams Consultants
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226000085