6741 Cherry BndCanal 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 6741 Cherry Bnd, Canal Winchester, OH, 43110 earns $210/mo cash flow from $2,512/mo rent with a $1,713/mo payment. Total monthly income totals $2,512/mo, and annual cash flow totals $2,520/yr on $115,992 capital. ROI tracks 22.08% on current figures, and rental yield reads 8.62% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 115% and total cumulative return in cash sums $133,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,512/mo property income instead of your personal income.
Single Family
Built in 2009
4,791 sqft lot
$N/A/sqft
No 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: Ric Smith • Keller Williams Capital Ptnrs
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225024220