6977 Falls View CircleDELAWAREOH43015
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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 DELAWARE at 6977 Falls View Circle, DELAWARE, OH, 43015 offers a 4.53% rental yield on a $404,900 purchase with $1,528/mo rent. 73% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,866 over five years. Portfolio math shows five-year ROI at 28.8% and total cumulative return in cash at $38,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,528/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
4.75 Acres lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,743 (100%) |
| Owner Occupied HU | 17,018 (66.1%) |
| Renter Occupied HU | 6,967 (27.1%) |
| Vacant Housing Units | 1,758 ( 6.8%) |
| Median Home Value | $389,232 |
| Average Home Value | $441,134 |
Housing Distribution
Address Breakdown
Residential
25,420
Single Family
24,479
Multi-Family
941
Businesses
1,396
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Listed by: Steven M Armstrong • e-Merge Real Estate Excellence
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225032220
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.