6900-6928 Gemstar RdReynoldsburgOH43068
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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 Reynoldsburg at 6900-6928 Gemstar Rd, Reynoldsburg, OH, 43068 generates $2,280/mo in rent, after a $7,807/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 1.3% in year one, and rental yield is 1.72% on a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 3.49% and total cumulative return in cash sums $18,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Multi Family
Built in 1987
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43068, Reynoldsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,379 (100%) |
| Owner Occupied HU | 13,666 (56.1%) |
| Renter Occupied HU | 9,702 (39.8%) |
| Vacant Housing Units | 1,011 ( 4.1%) |
| Median Home Value | $265,375 |
| Average Home Value | $282,121 |
Housing Distribution
Address Breakdown
Residential
23,572
Single Family
22,103
Multi-Family
1,469
Businesses
1,400
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Listed by: Benjamin Thomas Hemmert • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226002293