747 London Groveport RdLockbourneOH43137
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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 Lockbourne at 747 London Groveport Rd, Lockbourne, OH, 43137 offers a 6.42% rental yield on a $750,000 purchase with $4,012/mo rent. 58% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 80.1% and total cumulative return in cash at $197,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,012/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43137, Lockbourne, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 648 (62.3%) |
| Renter Occupied HU | 236 (22.7%) |
| Vacant Housing Units | 156 (15.0%) |
| Median Home Value | $241,089 |
| Average Home Value | $344,475 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,131
Multi-Family
1
Businesses
110
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Listed by: Deborah L Garrison • Century 21 Excellence Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225027244