7640 Eagle Creek DrPickeringtonOH43147
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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 Pickerington at 7640 Eagle Creek Dr, Pickerington, OH, 43147 offers a 9.91% rental yield on a $384,499 purchase with $3,174/mo rent. Total monthly income registers $3,174/mo, and a $1,882/mo payment leaves $645/mo available for distribution. Annual cash flow reaches $7,737/yr on $127,461 to close, and return on cash invested stands at 25.98% in year one. Equity gained on principal adds $2,481/yr while 5% annual appreciation supports $106,230 over five years. Portfolio math shows five-year ROI at 135.9% and total cumulative return in cash at $173,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,174/mo property income against a $1,882/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
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Listed by: Rosario A Mendez • e-Merge Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225025636
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.