686 Granite DrWestervilleOH43082
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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 Westerville at 686 Granite Dr, Westerville, OH, 43082 listed at $503,000 pairs $3,035/mo rent with a $2,462/mo payment. Total monthly income runs $3,035/mo. Return on cash invested measures 16.9% in year one, and rental yield registers 7.24% at a $503,000 basis. Equity gained on principal adds $3,246/yr, and annual property appreciation at 5% supports $138,970 by year five. Five-year ROI tracks 87.63% and total cumulative return in cash totals $145,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,035/mo property income relative to a $2,462/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
6,098 sqft lot
$N/A/sqft
$93 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43082, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,951 (100%) |
| Owner Occupied HU | 10,888 (84.1%) |
| Renter Occupied HU | 1,655 (12.8%) |
| Vacant Housing Units | 408 ( 3.2%) |
| Median Home Value | $484,702 |
| Average Home Value | $518,752 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
12,789
Multi-Family
122
Businesses
885
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Listed by: Kathy L Greenwell • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029740
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.