1010 Olmstead AveColumbusOH43201
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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 Columbus at 1010 Olmstead Ave, Columbus, OH, 43201 priced at $199,750 pairs $2,520/mo rent with $1,206/mo cash flow after a $978/mo payment. Total monthly income equals $2,520/mo, and annual cash flow comes to $14,469/yr on $66,217 invested. Return on cash invested is 41.76% in year one, and rental yield stands at 15.14% on a $199,750 basis. Equity gained on principal adds $1,289/yr, and 5% annual appreciation accumulates to $55,187 by year five. Five-year ROI measures 220.53% and total cumulative return in cash reaches $146,029. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,534 (100%) |
| Owner Occupied HU | 2,390 (11.1%) |
| Renter Occupied HU | 16,148 (75.0%) |
| Vacant Housing Units | 2,996 (13.9%) |
| Median Home Value | $471,933 |
| Average Home Value | $467,571 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
11,190
Multi-Family
7,304
Businesses
878
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Listed by: Quelvid Malave • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224016247
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.