6951 Ringbill LoopSunburyOH43074
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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 Sunbury at 6951 Ringbill Loop, Sunbury, OH, 43074 generates $2,777/mo in rent, after a $1,943/mo payment. Total monthly income is $2,777/mo. Return on cash invested sits at 18.34% in year one, and rental yield is 8.39% on a $397,000 entry. Equity gained on principal adds $2,562/yr, while 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 96.05% and total cumulative return in cash sums $126,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,777/mo property income rather than buyer’s personal income.
Condo
Built in 2024
5,662 sqft lot
$N/A/sqft
$338 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43074, Sunbury, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,846 (100%) |
| Owner Occupied HU | 5,063 (74.0%) |
| Renter Occupied HU | 1,419 (20.7%) |
| Vacant Housing Units | 364 ( 5.3%) |
| Median Home Value | $489,630 |
| Average Home Value | $534,277 |
Housing Distribution
Address Breakdown
Residential
6,933
Single Family
6,697
Multi-Family
236
Businesses
553
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Listed by: Monique Pinkerton • Pinkerton Real Estate Services
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224036641
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.