6717 Lagrange Dr #53ECanal WinchesterOH43110
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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 Canal Winchester at 6717 Lagrange Dr #53E, Canal Winchester, OH, 43110 uses $58,642 cash to close to unlock $7,059/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $1,962/mo, and a $866/mo payment keeps the spread at $588/mo. Purchase price stands at $176,900, and rental yield measures 13.31% with $1,962/mo rent. Return on cash invested shows 31.95% in year one, and 5% annual appreciation builds toward $48,874 over five years. Five-year ROI reaches 169.52% and total cumulative return in cash records $99,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $866/mo payment rather than investor’s personal income.
Condo
Built in 2000
435.60 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43110, Canal Winchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,451 (100%) |
| Owner Occupied HU | 9,914 (53.7%) |
| Renter Occupied HU | 7,454 (40.4%) |
| Vacant Housing Units | 1,083 ( 5.9%) |
| Median Home Value | $322,853 |
| Average Home Value | $340,513 |
Housing Distribution
Address Breakdown
Residential
17,502
Single Family
16,418
Multi-Family
1,084
Businesses
627
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Listed by: Suzan M Smith • Rise Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224030153
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.