Abington Plan, The Meadows At Shannon LakesCanal WinchesterOH43110
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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 Canal Winchester at Abington Plan, The Meadows At Shannon Lakes, Canal Winchester, OH, 43110 generates $4,448/mo in rent and, after a $1,757/mo payment, leaves $2,087/mo in cash flow. Total monthly income is $4,448/mo, and annual cash flow is $25,040/yr on $119,005 invested. Return on cash invested sits at 40.95% in year one, and rental yield is 14.87% on a $358,990 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,182 over five years. Five-year ROI reaches 216.2% and total cumulative return in cash sums $257,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,448/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43110, Canal Winchester, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,451 (100%) |
| Owner Occupied HU | 9,914 (53.7%) |
| Renter Occupied HU | 7,454 (40.4%) |
| Vacant Housing Units | 1,083 ( 5.9%) |
| Median Home Value | $322,853 |
| Average Home Value | $340,513 |
Housing Distribution
Address Breakdown
Residential
17,502
Single Family
16,418
Multi-Family
1,084
Businesses
627
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Listed by: Jason Moots • Maronda Homes
Mls Name: Maronda Homes
Mls Provider:
Mls ID: #N/A