675 Milcrest DrMarysvilleOH43040
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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 Marysville at 675 Milcrest Dr, Marysville, OH, 43040 priced at $169,900 converts $1,325/mo rent into $207/mo cash flow after a $832/mo obligation. Total monthly income equals $1,325/mo, and annual cash flow totals $2,484/yr on $56,322 invested. Return on cash invested prints 24.32% in year one, and rental yield reads 9.36% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 126.97% and total cumulative return in cash sums $71,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,325/mo property income covering a $832/mo payment, not borrower’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43040, Marysville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,469 (100%) |
| Owner Occupied HU | 10,277 (66.4%) |
| Renter Occupied HU | 4,282 (27.7%) |
| Vacant Housing Units | 910 ( 5.9%) |
| Median Home Value | $293,666 |
| Average Home Value | $323,241 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
14,732
Multi-Family
512
Businesses
942
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Listed by: Michele A McClaine • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226000507