1088 E Long StColumbusOH43203
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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 E Long St, Columbus, OH, 43203 at $140,000 posts ROI 50.51% with $1,183/mo cash flow from $2,104/mo rent. Total monthly income equals $2,104/mo, and annual cash flow records $14,200/yr on $46,410 to close. Return on cash invested measures 50.51% and rental yield reads 18.03% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 267.51% and total cumulative return in cash totals $124,150.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,104/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1879
3,484 sqft lot
$N/A/sqft
No 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
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Listed by: Dana M Milligan • Parker Realty Associates
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224035881
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.