Promenade Plan, The Courtyards at Morse CircleNew AlbanyOH43054
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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 New Albany at Promenade Plan, The Courtyards at Morse Circle, New Albany, OH, 43054 at $569,900 posts ROI 17.02% with from $3,518/mo rent. Total monthly income equals $3,518/mo. Return on cash invested measures 17.02% and rental yield reads 7.41% at the current $569,900. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 by year five. Five-year ROI prints 88.42% and total cumulative return in cash totals $165,786. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,518/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$244 monthly 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
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Listed by: Epcon Communities Online Sales Counselor Team • Epcon Communities Ohio
Mls Name: Epcon Communities
Mls ID: #N/A