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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbus at 1014 Neil Ave APT B, Columbus, OH, 43201 priced at $349,900 converts $2,470/mo rent into $28/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,470/mo, and annual cash flow totals $336/yr on $115,992 invested. Return on cash invested prints 20.2% in year one, and rental yield reads 8.47% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 105.42% and total cumulative return in cash sums $122,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,470/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Condo
Built in 1900
435.60 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.
| 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 |
Residential
18,494
Single Family
11,190
Multi-Family
7,304
Businesses
878
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $349,900 |
| 2024-08-16 | Listed for sale | $357,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tony R Davis • Century 21 Excellence Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224028164
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.
