7587 Walnut DrCanal 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
Investment property for sale in Canal Winchester at 7587 Walnut Dr, Canal Winchester, OH, 43110 offers a 9.06% rental yield on a $450,000 purchase with $3,396/mo rent. Total monthly income registers $3,396/mo, and a $2,203/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,332/yr on $149,175 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 119.17% and total cumulative return in cash at $177,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,396/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.37 Acres lot
$N/A/sqft
$160 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: Nicole Yoder-Barnhart • Howard Hanna Real Estate Services
Mls Name: WRIST
Mls Provider:
Mls ID: #1043030
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.