108 Hamilton AveColumbusOH43203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 108 Hamilton Ave, Columbus, OH, 43203 priced at $297,000 converts $2,077/mo rent into after a $1,454/mo obligation. Total monthly income equals $2,077/mo. Return on cash invested prints 18.11% in year one, and rental yield reads 8.39% against a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,056 by year five. Five-year ROI reaches 94.93% and total cumulative return in cash sums $93,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,077/mo property income covering a $1,454/mo payment, not borrower’s personal income.
Condo
Built in 1905
871.20 sqft lot
$N/A/sqft
$271 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43203, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 1,217 (23.0%) |
| Renter Occupied HU | 3,198 (60.5%) |
| Vacant Housing Units | 868 (16.4%) |
| Median Home Value | $324,925 |
| Average Home Value | $381,072 |
Housing Distribution
Address Breakdown
Residential
4,478
Single Family
2,909
Multi-Family
1,569
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ebony Richardson • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225010650
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.