994 Amherst DrMarionOH43302
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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 Marion at 994 Amherst Dr, Marion, OH, 43302 with 5% annual appreciation on a $194,900 basis while $1,068/mo rent supports operations. 93% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,847 alongside rental yield of 6.58%. Five-year ROI measures 82.02% and total cumulative return in cash totals $52,995. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,068/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43302, Marion, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,666 (100%) |
| Owner Occupied HU | 13,326 (58.8%) |
| Renter Occupied HU | 7,225 (31.9%) |
| Vacant Housing Units | 2,115 ( 9.3%) |
| Median Home Value | $159,439 |
| Average Home Value | $198,716 |
Housing Distribution
Address Breakdown
Residential
21,336
Single Family
19,947
Multi-Family
1,389
Businesses
1,344
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Listed by: Rick Roe • Real Estate Showcase, RES
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225011327
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