7035 Hoover RdOrientOH43146
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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 Orient at 7035 Hoover Rd, Orient, OH, 43146 generates $2,308/mo in rent and, after a $1,410/mo payment, leaves $413/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $4,958/yr on $95,472 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 9.62% on a $288,000 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation builds toward $79,569 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash sums $125,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43146, Orient, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,699 (100%) |
| Owner Occupied HU | 3,072 (83.0%) |
| Renter Occupied HU | 513 (13.9%) |
| Vacant Housing Units | 114 ( 3.1%) |
| Median Home Value | $302,812 |
| Average Home Value | $322,591 |
Housing Distribution
Address Breakdown
Residential
3,451
Single Family
3,451
Multi-Family
0
Businesses
92
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Listed by: Ginger A Thrush • ERA Real Solutions Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029209
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.