1088 22nd AveColumbusOH43212
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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 1088 22nd Ave, Columbus, OH, 43212 offers a 9.79% rental yield on a $219,997 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $1,077/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,160/yr on $72,929 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,781 over five years. Portfolio math shows five-year ROI at 133.97% and total cumulative return in cash at $97,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1942
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43212, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,299 (100%) |
| Owner Occupied HU | 3,870 (25.3%) |
| Renter Occupied HU | 10,466 (68.4%) |
| Vacant Housing Units | 963 ( 6.3%) |
| Median Home Value | $525,383 |
| Average Home Value | $580,538 |
Housing Distribution
Address Breakdown
Residential
13,852
Single Family
8,529
Multi-Family
5,323
Businesses
1,162
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