7745 Lerner DrBlacklickOH43004
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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 Blacklick at 7745 Lerner Dr, Blacklick, OH, 43004 uses $112,677 cash to close to unlock $1,796/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,664/mo payment keeps the spread at $150/mo. Purchase price stands at $339,900, and rental yield measures 8.46% with $2,395/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 111.94% and total cumulative return in cash records $126,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2002
7,840 sqft lot
$N/A/sqft
$110 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43004, Blacklick, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,904 (100%) |
| Owner Occupied HU | 8,234 (69.2%) |
| Renter Occupied HU | 3,329 (28.0%) |
| Vacant Housing Units | 341 ( 2.9%) |
| Median Home Value | $329,271 |
| Average Home Value | $383,680 |
Housing Distribution
Address Breakdown
Residential
12,104
Single Family
11,767
Multi-Family
337
Businesses
319
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Listed by: Kip L Rooks • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225031330
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.