774 W Main StWestervilleOH43081
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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 Westerville at 774 W Main St, Westerville, OH, 43081 priced at $384,000 pairs $2,640/mo rent with $115/mo cash flow after a $1,879/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $1,375/yr on $127,296 invested. Return on cash invested is 20.99% in year one, and rental yield stands at 8.25% on a $384,000 basis. Equity gained on principal adds $2,478/yr, and 5% annual appreciation accumulates to $106,092 by year five. Five-year ROI measures 109.14% and total cumulative return in cash reaches $138,932. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,879/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43081, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,305 (100%) |
| Owner Occupied HU | 16,644 (56.8%) |
| Renter Occupied HU | 11,105 (37.9%) |
| Vacant Housing Units | 1,556 ( 5.3%) |
| Median Home Value | $338,562 |
| Average Home Value | $364,562 |
Housing Distribution
Address Breakdown
Residential
30,160
Single Family
28,600
Multi-Family
1,560
Businesses
1,422
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Listed by: Mac Wentz • ERA Real Solutions Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225039301