Melrose Plan, Carpenters MillPowellOH43065
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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 Powell at Melrose Plan, Carpenters Mill, Powell, OH, 43065 offers a 14.47% rental yield on a $635,990 purchase with $7,669/mo rent. Total monthly income registers $7,669/mo, and a $3,113/mo payment leaves $3,485/mo available for distribution. Annual cash flow reaches $41,825/yr on $209,241 to close, and return on cash invested stands at 40.05% in year one. Equity gained on principal adds $4,104/yr while 5% annual appreciation supports $175,712 over five years. Portfolio math shows five-year ROI at 211.33% and total cumulative return in cash at $442,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,669/mo property income against a $3,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43065, Powell, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,427 (100%) |
| Owner Occupied HU | 14,998 (81.4%) |
| Renter Occupied HU | 2,352 (12.8%) |
| Vacant Housing Units | 1,077 ( 5.8%) |
| Median Home Value | $515,430 |
| Average Home Value | $571,778 |
Housing Distribution
Address Breakdown
Residential
18,368
Single Family
17,389
Multi-Family
979
Businesses
1,219
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