Northwestern Plan, The Ridge at Glacier PointePlain CityOH43064
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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 Plain City at Northwestern Plan, The Ridge at Glacier Pointe, Plain City, OH, 43064 priced at $653,900 pairs $4,680/mo rent with $378/mo cash flow after a $3,201/mo payment. Total monthly income equals $4,680/mo, and annual cash flow comes to $4,539/yr on $215,133 invested. Return on cash invested is 22.17% in year one, and rental yield stands at 8.59% on a $653,900 basis. Equity gained on principal adds $4,220/yr, and 5% annual appreciation accumulates to $180,661 by year five. Five-year ROI measures 115.46% and total cumulative return in cash reaches $248,390. For financing, Ziffy Mortgage’s DSCR program evaluates $4,680/mo property income against a $3,201/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: 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
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Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A