971 Lora Lee DrMarysvilleOH43040
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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 Marysville at 971 Lora Lee Dr, Marysville, OH, 43040 uses $118,677 cash to close to unlock $3,448/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $2,642/mo, and a $1,752/mo payment keeps the spread at $287/mo. Purchase price stands at $358,000, and rental yield measures 8.86% with $2,642/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $98,909 over five years. Five-year ROI reaches 118.95% and total cumulative return in cash records $141,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,642/mo property income covering a $1,752/mo payment rather than investor’s personal income.
Single Family
Built in 1996
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43040, Marysville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,469 (100%) |
| Owner Occupied HU | 10,277 (66.4%) |
| Renter Occupied HU | 4,282 (27.7%) |
| Vacant Housing Units | 910 ( 5.9%) |
| Median Home Value | $293,666 |
| Average Home Value | $323,241 |
Housing Distribution
Address Breakdown
Residential
15,244
Single Family
14,732
Multi-Family
512
Businesses
942
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Listed by: Jason Garner • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225038403
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.