Bella Plan, Hoover FarmsWestervilleOH43081
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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 Westerville at Bella Plan, Hoover Farms, Westerville, OH, 43081 offers $5,789/mo rent that, after a $2,486/mo payment, leaves $2,448/mo cash flow. Total monthly income is $5,789/mo, and annual cash flow is $29,376/yr on $167,099 cash. Return on cash invested measures 37.64% in year one, and rental yield stands at 13.68% at a $507,900 entry. Equity gained on principal adds $3,277/yr while 5% annual appreciation compounds into $140,323 by year five. Five-year ROI records 198.43% and total cumulative return in cash reaches $331,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,789/mo property income versus a $2,486/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43081, Westerville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,305 (100%) |
| Owner Occupied HU | 16,644 (56.8%) |
| Renter Occupied HU | 11,105 (37.9%) |
| Vacant Housing Units | 1,556 ( 5.3%) |
| Median Home Value | $338,562 |
| Average Home Value | $364,562 |
Housing Distribution
Address Breakdown
Residential
30,160
Single Family
28,600
Multi-Family
1,560
Businesses
1,422
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Listed by: Emily Scullion • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A