651 Albion PlWestervilleOH43082
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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 Westerville at 651 Albion Pl, Westerville, OH, 43082 offers $2,193/mo rent that, after a $1,713/mo payment. Total monthly income is $2,193/mo. Return on cash invested measures 14.59% in year one, and rental yield stands at 7.52% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 76.35% and total cumulative return in cash reaches $88,586. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,193/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$405 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43082, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,951 (100%) |
| Owner Occupied HU | 10,888 (84.1%) |
| Renter Occupied HU | 1,655 (12.8%) |
| Vacant Housing Units | 408 ( 3.2%) |
| Median Home Value | $484,702 |
| Average Home Value | $518,752 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
12,789
Multi-Family
122
Businesses
885
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Listed by: Kimberly D Hamrick • Keller Williams Consultants
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018153
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.