7036 Cavalcade Dr #34New 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 7036 Cavalcade Dr #34, New Albany, OH, 43054 earns $480/mo cash flow from $1,664/mo rent with a $881/mo payment. Total monthly income totals $1,664/mo, and annual cash flow totals $5,760/yr on $59,670 capital. ROI tracks 29.56% on current figures, and rental yield reads 11.09% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 155.1% and total cumulative return in cash sums $92,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,664/mo property income instead of your personal income.
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
No 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: Paul R Ritter • RE/MAX Partners
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226001152