Dover Plan, Meadow Grove Estates NorthGrove CityOH43123
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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 Grove City at Dover Plan, Meadow Grove Estates North, Grove City, OH, 43123 with 5% annual appreciation on a $651,200 basis while $4,721/mo rent supports operations. Total monthly income totals $4,721/mo and a $3,187/mo payment preserves $438/mo for cash returns. Annual cash flow comes to $5,254/yr on $214,245 deployed, and return on cash invested reaches 22.51% in year one. Equity gained on principal adds $4,202/yr, and five-year appreciation sums $179,915 alongside rental yield of 8.7%. Five-year ROI measures 117.27% and total cumulative return in cash totals $251,250.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,721/mo property income versus a $3,187/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43123, Grove City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,156 (100%) |
| Owner Occupied HU | 19,582 (69.5%) |
| Renter Occupied HU | 7,451 (26.5%) |
| Vacant Housing Units | 1,123 ( 4.0%) |
| Median Home Value | $326,288 |
| Average Home Value | $347,272 |
Housing Distribution
Address Breakdown
Residential
28,592
Single Family
27,340
Multi-Family
1,252
Businesses
1,528
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Listed by: N/A • Rockford Homes
Mls Name: Rockford Homes
Mls ID: #N/A