9113 Independence Ave #112OrientOH43146
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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 Orient at 9113 Independence Ave #112, Orient, OH, 43146 generates $1,846/mo in rent and, after a $1,175/mo payment, leaves $125/mo in cash flow. Total monthly income is $1,846/mo, and annual cash flow is $1,500/yr on $79,560 invested. Return on cash invested sits at 21.79% in year one, and rental yield is 9.23% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 114.23% and total cumulative return in cash sums $90,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,846/mo property income rather than buyer’s personal income.
Condo
Built in 2002
1,306 sqft lot
$N/A/sqft
$142 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43146, Orient, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,699 (100%) |
| Owner Occupied HU | 3,072 (83.0%) |
| Renter Occupied HU | 513 (13.9%) |
| Vacant Housing Units | 114 ( 3.1%) |
| Median Home Value | $302,812 |
| Average Home Value | $322,591 |
Housing Distribution
Address Breakdown
Residential
3,451
Single Family
3,451
Multi-Family
0
Businesses
92
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Listed by: Janelle J Shannon • The Mike Laemmle Team Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007874
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.