9617 New California DrPlain CityOH43064
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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 Plain City at 9617 New California Dr, Plain City, OH, 43064 uses $96,135 cash to close to unlock $1,186/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $2,006/mo, and a $1,419/mo payment keeps the spread at $99/mo. Purchase price stands at $290,000, and rental yield measures 8.3% with $2,006/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $105,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,006/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
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Listed by: David A Truitt • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225036999