1049 Berkeley RdColumbusOH43206
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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 1049 Berkeley Rd, Columbus, OH, 43206 priced at $315,000 converts $2,447/mo rent into $375/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,447/mo, and annual cash flow totals $4,497/yr on $104,423 invested. Return on cash invested prints 24.22% in year one, and rental yield reads 9.32% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 126.45% and total cumulative return in cash sums $132,041. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,447/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1932
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43206, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,423 (100%) |
| Owner Occupied HU | 5,059 (40.7%) |
| Renter Occupied HU | 5,755 (46.3%) |
| Vacant Housing Units | 1,609 (13.0%) |
| Median Home Value | $339,318 |
| Average Home Value | $377,686 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
10,528
Multi-Family
794
Businesses
537
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Listed by: Raad Shubaily • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225001795
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