1136 Summit StColumbusOH43201
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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 1136 Summit St, Columbus, OH, 43201 offers $2,420/mo rent that, after a $2,447/mo payment. Total monthly income is $2,420/mo. Return on cash invested measures 13.62% in year one, and rental yield stands at 5.81% at a $499,990 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,138 by year five. Five-year ROI records 69.64% and total cumulative return in cash reaches $115,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,420/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
11,190
Multi-Family
7,304
Businesses
878
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