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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Plain City at 8496 Apricot Way, Plain City, OH, 43064 priced at $725,000 converts $4,680/mo rent into after a $3,549/mo obligation. Total monthly income equals $4,680/mo. Return on cash invested prints 19.07% in year one, and rental yield reads 7.75% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 99.03% and total cumulative return in cash sums $236,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,680/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 2022
9,583 sqft lot
$N/A/sqft
$849 annually HOA
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
Date | Event | Price |
|---|---|---|
| 2022-07-27 | Sold | $640,346 |
| 2022-07-13 | Pending sale | $640,346 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $11457.84 | 359.81% | $191,040 | 381.57% |
| 2022-02-15 | $2491.86 | 23.55% | $39,670 | 30.07% |
| 2021-02-15 | $2016.86 | 55.84% | $30,500 | 49.95% |
Listed by: Kevin Hart • Keller Williams Capital Ptnrs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225003669
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.
