6425 State Route 257 NRichwoodOH43344
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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 Richwood at 6425 State Route 257 N, Richwood, OH, 43344 offers a 2.1% rental yield on a $615,000 purchase with $1,074/mo rent. 44% in year one. Equity gained on principal adds $3,969/yr while 5% annual appreciation supports $169,913 over five years. Portfolio math shows five-year ROI at 9.63% and total cumulative return in cash at $19,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,074/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
5.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43344, Richwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,460 (100%) |
| Owner Occupied HU | 1,849 (75.2%) |
| Renter Occupied HU | 463 (18.8%) |
| Vacant Housing Units | 148 ( 6.0%) |
| Median Home Value | $230,709 |
| Average Home Value | $273,829 |
Housing Distribution
Address Breakdown
Residential
2,224
Single Family
2,183
Multi-Family
41
Businesses
125
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Listed by: Heather R Kamann • Howard Hanna Real Estate Services
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225030758
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.