9909 Hoover Woods RdGalenaOH43021
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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 Galena at 9909 Hoover Woods Rd, Galena, OH, 43021 offers a 10.14% rental yield on a $730,000 purchase with $6,166/mo rent. Total monthly income registers $6,166/mo, and a $3,573/mo payment leaves $1,343/mo available for distribution. Annual cash flow reaches $16,120/yr on $240,170 to close, and return on cash invested stands at 26.77% in year one. Equity gained on principal adds $4,711/yr while 5% annual appreciation supports $201,686 over five years. Portfolio math shows five-year ROI at 140.17% and total cumulative return in cash at $336,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,166/mo property income against a $3,573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
1.50 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43021, Galena, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 4,755 (92.7%) |
| Renter Occupied HU | 211 ( 4.1%) |
| Vacant Housing Units | 162 ( 3.2%) |
| Median Home Value | $582,576 |
| Average Home Value | $594,362 |
Housing Distribution
Address Breakdown
Residential
5,403
Single Family
5,403
Multi-Family
0
Businesses
147
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Listed by: Terence W Burton • Associates Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007989
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.