7150 E Main St APT C105ReynoldsburgOH43068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Reynoldsburg at 7150 E Main St APT C105, Reynoldsburg, OH, 43068 offers a 9.07% rental yield on a $144,900 purchase with $1,095/mo rent. Total monthly income registers $1,095/mo, and a $709/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,705/yr on $48,034 to close, and return on cash invested stands at 23.46% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 122.49% and total cumulative return in cash at $58,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,095/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43068, Reynoldsburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,379 (100%) |
| Owner Occupied HU | 13,666 (56.1%) |
| Renter Occupied HU | 9,702 (39.8%) |
| Vacant Housing Units | 1,011 ( 4.1%) |
| Median Home Value | $265,375 |
| Average Home Value | $282,121 |
Housing Distribution
Address Breakdown
Residential
23,572
Single Family
22,103
Multi-Family
1,469
Businesses
1,400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd A Jarvis • RE/MAX Consultant Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225032846