6649 Evening StWorthingtonOH43085
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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 Worthington at 6649 Evening St, Worthington, OH, 43085 priced at $633,600 converts $3,653/mo rent into after a $3,101/mo obligation. Total monthly income equals $3,653/mo. Return on cash invested prints 17.1% in year one, and rental yield reads 6.92% against a $633,600 entry. Equity gained on principal adds $4,089/yr, while 5% annual appreciation compiles into $175,052 by year five. Five-year ROI reaches 88.26% and total cumulative return in cash sums $183,973. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,653/mo property income covering a $3,101/mo payment, not borrower’s personal income.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: Adam J Burton • The Westwood Real Estate Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016207
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.