7188 Charleton CtCanal WinchesterOH43110
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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 Canal Winchester at 7188 Charleton Ct, Canal Winchester, OH, 43110 generates $2,952/mo in rent and, after a $1,877/mo payment, leaves $417/mo in cash flow. Total monthly income is $2,952/mo, and annual cash flow is $5,003/yr on $127,130 invested. Return on cash invested sits at 23.84% in year one, and rental yield is 9.24% on a $383,500 entry. Equity gained on principal adds $2,475/yr, while 5% annual appreciation builds toward $105,954 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash sums $158,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,952/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.25 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43110, Canal Winchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,451 (100%) |
| Owner Occupied HU | 9,914 (53.7%) |
| Renter Occupied HU | 7,454 (40.4%) |
| Vacant Housing Units | 1,083 ( 5.9%) |
| Median Home Value | $322,853 |
| Average Home Value | $340,513 |
Housing Distribution
Address Breakdown
Residential
17,502
Single Family
16,418
Multi-Family
1,084
Businesses
627
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Listed by: Kathy L Chiero • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225024981
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.