Promenade III Plan, The Courtyards at Carr FarmsHilliardOH43026
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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 Hilliard at Promenade III Plan, The Courtyards at Carr Farms, Hilliard, OH, 43026 priced at $512,900 converts $3,448/mo rent into after a $2,510/mo obligation. Total monthly income equals $3,448/mo. Return on cash invested prints 18.95% in year one, and rental yield reads 8.07% against a $512,900 entry. Equity gained on principal adds $3,310/yr, while 5% annual appreciation compiles into $141,705 by year five. Five-year ROI reaches 98.78% and total cumulative return in cash sums $166,682. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,448/mo property income covering a $2,510/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$231 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43026, Hilliard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,892 (100%) |
| Owner Occupied HU | 17,188 (63.9%) |
| Renter Occupied HU | 8,777 (32.6%) |
| Vacant Housing Units | 927 ( 3.4%) |
| Median Home Value | $354,062 |
| Average Home Value | $376,166 |
Housing Distribution
Address Breakdown
Residential
26,601
Single Family
24,365
Multi-Family
2,236
Businesses
1,723
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