100 E Gay St UNIT 701ColumbusOH43215
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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 Columbus at 100 E Gay St UNIT 701, Columbus, OH, 43215 uses $81,052 cash to close to unlock $569/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,656/mo, and a $1,197/mo payment keeps the spread at $47/mo. Purchase price stands at $244,500, and rental yield measures 8.13% with $1,656/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $67,551 over five years. Five-year ROI reaches 107.15% and total cumulative return in cash records $86,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,656/mo property income covering a $1,197/mo payment rather than investor’s personal income.
Condo
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
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