8350 Hickory OverlookBlacklickOH43004
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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 8350 Hickory Overlook, Blacklick, OH, 43004 offers a 9.26% rental yield on a $249,900 purchase with $1,929/mo rent. Total monthly income registers $1,929/mo, and a $1,223/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,424/yr on $82,842 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 125.56% and total cumulative return in cash at $104,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,929/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
871.20 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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