Palazzo Plan, The Courtyards at Mulberry RunGrove CityOH43123
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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 Grove City at Palazzo Plan, The Courtyards at Mulberry Run, Grove City, OH, 43123 earns $253/mo cash flow from $2,864/mo rent with a $1,943/mo payment. Total monthly income totals $2,864/mo, and annual cash flow totals $3,035/yr on $131,572 capital. ROI tracks 22.22% on current figures, and rental yield reads 8.66% at a $396,900 purchase. Equity gained on principal adds $2,561/yr, and 5% annual appreciation supports $109,656 over five years. Five-year ROI reaches 115.71% and total cumulative return in cash sums $152,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,864/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43123, Grove City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,156 (100%) |
| Owner Occupied HU | 19,582 (69.5%) |
| Renter Occupied HU | 7,451 (26.5%) |
| Vacant Housing Units | 1,123 ( 4.0%) |
| Median Home Value | $326,288 |
| Average Home Value | $347,272 |
Housing Distribution
Address Breakdown
Residential
28,592
Single Family
27,340
Multi-Family
1,252
Businesses
1,528
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Listed by: Epcon Communities Online Sales Counselor Team • Epcon Communities Ohio
Mls Name: Epcon Communities
Mls ID: #N/A