7959 S Old State RdLewis CenterOH43035
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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
Total monthly income runs $2,879/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 5.81% with $2,879/mo rent. Return on cash invested shows 13.67% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 69.89% and total cumulative return in cash records $136,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,879/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1850
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43035, Lewis Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 9,292 (73.0%) |
| Renter Occupied HU | 2,901 (22.8%) |
| Vacant Housing Units | 533 ( 4.2%) |
| Median Home Value | $464,038 |
| Average Home Value | $490,137 |
Housing Distribution
Address Breakdown
Residential
12,819
Single Family
12,755
Multi-Family
64
Businesses
1,005
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Listed by: Ling Q Hunter • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225036019
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