Hardin Plan, The Plains at Madison MeadowsPlain CityOH43064
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 Plain City at Hardin Plan, The Plains at Madison Meadows, Plain City, OH, 43064 priced at $339,990 converts $2,324/mo rent into $88/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,324/mo, and annual cash flow totals $1,052/yr on $112,707 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 8.2% against a $339,990 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,933 by year five. Five-year ROI reaches 108.37% and total cumulative return in cash sums $122,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,324/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43064, Plain City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 6,135 (74.9%) |
| Renter Occupied HU | 1,502 (18.3%) |
| Vacant Housing Units | 551 ( 6.7%) |
| Median Home Value | $425,227 |
| Average Home Value | $487,481 |
Housing Distribution
Address Breakdown
Residential
7,927
Single Family
7,784
Multi-Family
143
Businesses
600
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A