8140 Royal Elm 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 8140 Royal Elm Dr, Blacklick, OH, 43004 offers a 11.36% rental yield on a $284,500 purchase with $2,694/mo rent. Total monthly income registers $2,694/mo, and a $1,392/mo payment leaves $823/mo available for distribution. Annual cash flow reaches $9,877/yr on $94,312 to close, and return on cash invested stands at 30.38% in year one. Equity gained on principal adds $1,836/yr while 5% annual appreciation supports $78,602 over five years. Portfolio math shows five-year ROI at 159.55% and total cumulative return in cash at $150,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,694/mo property income against a $1,392/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No 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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