Martin Ray Plan, Nottingham TraceNew AlbanyOH43054
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 New Albany at Martin Ray Plan, Nottingham Trace, New Albany, OH, 43054 priced at $465,990 converts $3,852/mo rent into $787/mo cash flow after a $2,281/mo obligation. Total monthly income equals $3,852/mo, and annual cash flow totals $9,439/yr on $154,476 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 9.92% against a $465,990 entry. Equity gained on principal adds $3,007/yr, while 5% annual appreciation compiles into $128,744 by year five. Five-year ROI reaches 136.12% and total cumulative return in cash sums $210,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,852/mo property income covering a $2,281/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: 43054, New Albany, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,364 (100%) |
| Owner Occupied HU | 7,396 (59.8%) |
| Renter Occupied HU | 4,217 (34.1%) |
| Vacant Housing Units | 751 ( 6.1%) |
| Median Home Value | $481,906 |
| Average Home Value | $586,729 |
Housing Distribution
Address Breakdown
Residential
11,730
Single Family
11,025
Multi-Family
705
Businesses
883
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A