The Magellan Plan, The Reserves of Waterbury VillageCarlisleOH45005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Carlisle at The Magellan Plan, The Reserves of Waterbury Village, Carlisle, OH, 45005 priced at $357,300 converts $3,305/mo rent into $955/mo cash flow after a $1,749/mo obligation. Total monthly income equals $3,305/mo, and annual cash flow totals $11,454/yr on $118,445 invested. Return on cash invested prints 29.58% in year one, and rental yield reads 11.1% against a $357,300 entry. Equity gained on principal adds $2,306/yr, while 5% annual appreciation compiles into $98,715 by year five. Five-year ROI reaches 155.22% and total cumulative return in cash sums $183,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,305/mo property income covering a $1,749/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45005, Franklin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,533 (100%) |
| Owner Occupied HU | 9,874 (67.9%) |
| Renter Occupied HU | 4,068 (28.0%) |
| Vacant Housing Units | 591 ( 4.1%) |
| Median Home Value | $237,640 |
| Average Home Value | $283,600 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
12,431
Multi-Family
1,159
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
