Iris with Full Basement Plan, Greengate CoveCanal 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 Iris with Full Basement Plan, Greengate Cove, Canal Winchester, OH, 43110 priced at $327,990 pairs $3,072/mo rent with $915/mo cash flow after a $1,605/mo payment. Total monthly income equals $3,072/mo, and annual cash flow comes to $10,979/yr on $108,729 invested. Return on cash invested is 30.01% in year one, and rental yield stands at 11.24% on a $327,990 basis. Equity gained on principal adds $2,116/yr, and 5% annual appreciation accumulates to $90,618 by year five. Five-year ROI measures 157.5% and total cumulative return in cash reaches $171,244. For financing, Ziffy Mortgage’s DSCR program evaluates $3,072/mo property income against a $1,605/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A