6383 Ballast RdGallowayOH43119
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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 Galloway at 6383 Ballast Rd, Galloway, OH, 43119 with 5% annual appreciation on a $393,380 basis while $4,356/mo rent supports operations. Total monthly income totals $4,356/mo and a $1,925/mo payment preserves $1,769/mo for cash returns. Annual cash flow comes to $21,226/yr on $130,405 deployed, and return on cash invested reaches 36.19% in year one. Equity gained on principal adds $2,538/yr, and five-year appreciation sums $108,684 alongside rental yield of 13.29%. Five-year ROI measures 190.63% and total cumulative return in cash totals $248,593.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,356/mo property income versus a $1,925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43119, Galloway, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,906 (100%) |
| Owner Occupied HU | 8,065 (67.7%) |
| Renter Occupied HU | 3,539 (29.7%) |
| Vacant Housing Units | 302 ( 2.5%) |
| Median Home Value | $275,062 |
| Average Home Value | $310,180 |
Housing Distribution
Address Breakdown
Residential
11,447
Single Family
11,255
Multi-Family
192
Businesses
244
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Listed by: Alexander A Hencheck • HMS Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224023170
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.