651 Penwell DrDelawareOH43015
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 Delaware at 651 Penwell Dr, Delaware, OH, 43015 priced at $497,330 pairs $3,974/mo rent with $674/mo cash flow after a $2,434/mo payment. Total monthly income equals $3,974/mo, and annual cash flow comes to $8,084/yr on $164,865 invested. Return on cash invested is 24.81% in year one, and rental yield stands at 9.59% on a $497,330 basis. Equity gained on principal adds $3,209/yr, and 5% annual appreciation accumulates to $137,403 by year five. Five-year ROI measures 129.72% and total cumulative return in cash reaches $213,861. For financing, Ziffy Mortgage’s DSCR program evaluates $3,974/mo property income against a $2,434/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan M Dodderer • D.R. Horton Realty of Ohio, In
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225009067
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.