6962 Rothwell StNew AlbanyOH43054
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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 New Albany at 6962 Rothwell St, New Albany, OH, 43054 listed at $378,500 pairs $2,807/mo rent with a $1,853/mo payment. Total monthly income runs $2,807/mo. Return on cash invested measures 18.88% in year one, and rental yield registers 8.9% at a $378,500 basis. Equity gained on principal adds $2,442/yr, and annual property appreciation at 5% supports $104,573 by year five. Five-year ROI tracks 99.32% and total cumulative return in cash totals $124,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,807/mo property income relative to a $1,853/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$424 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43054, New Albany, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,364 (100%) |
| Owner Occupied HU | 7,396 (59.8%) |
| Renter Occupied HU | 4,217 (34.1%) |
| Vacant Housing Units | 751 ( 6.1%) |
| Median Home Value | $481,906 |
| Average Home Value | $586,729 |
Housing Distribution
Address Breakdown
Residential
11,730
Single Family
11,025
Multi-Family
705
Businesses
883
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Listed by: Brian D Kemp • Keller Williams Capital Ptnrs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225027524
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.