8651 Wilmette CtPowellOH43065
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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
Rental property for sale in Powell at 8651 Wilmette Ct, Powell, OH, 43065 generates $2,104/mo in rent and, after a $1,322/mo payment, leaves $246/mo in cash flow. Total monthly income is $2,104/mo, and annual cash flow is $2,947/yr on $89,505 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 9.35% on a $269,999 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash sums $108,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43065, Powell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,427 (100%) |
| Owner Occupied HU | 14,998 (81.4%) |
| Renter Occupied HU | 2,352 (12.8%) |
| Vacant Housing Units | 1,077 ( 5.8%) |
| Median Home Value | $515,430 |
| Average Home Value | $571,778 |
Housing Distribution
Address Breakdown
Residential
18,368
Single Family
17,389
Multi-Family
979
Businesses
1,219
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Listed by: David Erwin • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224043945
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