Wesley Plan, FarmsteadGrove 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 Wesley Plan, Farmstead, Grove City, OH, 43123 with 5% annual appreciation on a $412,990 basis while $3,098/mo rent supports operations. Total monthly income totals $3,098/mo and a $2,021/mo payment preserves $382/mo for cash returns. Annual cash flow comes to $4,582/yr on $136,906 deployed, and return on cash invested reaches 23.26% in year one. Equity gained on principal adds $2,665/yr, and five-year appreciation sums $114,102 alongside rental yield of 9%. Five-year ROI measures 121.29% and total cumulative return in cash totals $166,058.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,098/mo property income versus a $2,021/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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 • Fischer Homes
Mls Name: Fischer Homes
Mls Provider:
Mls ID: #N/A