768 Nova CtWorthingtonOH43085
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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 Worthington at 768 Nova Ct, Worthington, OH, 43085 priced at $624,888 pairs $4,560/mo rent with $449/mo cash flow after a $3,059/mo payment. Total monthly income equals $4,560/mo, and annual cash flow comes to $5,389/yr on $205,588 invested. Return on cash invested is 22.68% in year one, and rental yield stands at 8.76% on a $624,888 basis. Equity gained on principal adds $4,032/yr, and 5% annual appreciation accumulates to $172,645 by year five. Five-year ROI measures 118.22% and total cumulative return in cash reaches $243,038. For financing, Ziffy Mortgage’s DSCR program evaluates $4,560/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: David E Barlow • Sell For One Percent
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225036708