Chatham Plan, Longview HighlandsPickeringtonOH43147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pickerington at Chatham Plan, Longview Highlands, Pickerington, OH, 43147 priced at $427,990 converts $3,196/mo rent into $381/mo cash flow after a $2,095/mo obligation. Total monthly income equals $3,196/mo, and annual cash flow totals $4,567/yr on $141,879 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 8.96% against a $427,990 entry. Equity gained on principal adds $2,762/yr, while 5% annual appreciation compiles into $118,246 by year five. Five-year ROI reaches 120.62% and total cumulative return in cash sums $171,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,196/mo property income covering a $2,095/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43147, Pickerington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,003 (100%) |
| Owner Occupied HU | 13,675 (80.4%) |
| Renter Occupied HU | 2,648 (15.6%) |
| Vacant Housing Units | 680 ( 4.0%) |
| Median Home Value | $352,171 |
| Average Home Value | $375,476 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
16,640
Multi-Family
590
Businesses
883
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A