7573 Red Maple PlWestervilleOH43082
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 Westerville at 7573 Red Maple Pl, Westerville, OH, 43082 offers a 5.82% rental yield on a $378,500 purchase with $1,835/mo rent. 71% in year one. Equity gained on principal adds $2,442/yr while 5% annual appreciation supports $104,573 over five years. Portfolio math shows five-year ROI at 45.07% and total cumulative return in cash at $56,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,835/mo property income against a $1,853/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
$516 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43082, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,951 (100%) |
| Owner Occupied HU | 10,888 (84.1%) |
| Renter Occupied HU | 1,655 (12.8%) |
| Vacant Housing Units | 408 ( 3.2%) |
| Median Home Value | $484,702 |
| Average Home Value | $518,752 |
Housing Distribution
Address Breakdown
Residential
12,911
Single Family
12,789
Multi-Family
122
Businesses
885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy W Meacham • Meacham Real Estate Company
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224041052
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.