Richmond Plan, The Enclave at Meadow Grove EstatesGrove 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
Rental property for sale in Grove City at Richmond Plan, The Enclave at Meadow Grove Estates, Grove City, OH, 43123 offers $2,634/mo rent that, after a $2,701/mo payment. Total monthly income is $2,634/mo. Return on cash invested measures 13.48% in year one, and rental yield stands at 5.73% at a $551,900 entry. Equity gained on principal adds $3,561/yr while 5% annual appreciation compounds into $152,480 by year five. Five-year ROI records 68.83% and total cumulative return in cash reaches $124,974. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,634/mo property income versus a $2,701/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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: N/A • Rockford Homes
Mls Name: Rockford Homes
Mls ID: #N/A