115 E Noble St APT 2, Columbus, OH, 43215 | $56/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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115 E Noble St APT 2, Columbus, OH, 43215 | $56/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 115 E Noble St APT 2, Columbus, OH, 43215 uses $74,422 cash to close to unlock $673/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $1,533/mo, and a $1,099/mo payment keeps the spread at $56/mo. Purchase price stands at $224,500, and rental yield measures 8.19% with $1,533/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $62,025 over five years. Five-year ROI reaches 108.27% and total cumulative return in cash records $80,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,533/mo property income covering a $1,099/mo payment rather than investor’s personal income.

Condo

Built in 2002

N/A lot

$N/A/sqft

No HOA

More details about the property

This walk up corner unit condo has great window placement and is full of natural light. Oak floors in great room, tall ceilings, renovated kitchen with new wood cabinet faces, quartz counters and beautiful glass art tile backsplash. All SS appliances. Stack washer and dryer are included. Bath has also been updated with new quartz counters and cabinetry. New carpet in bedroom and large walk in closet is custom organized. Secured carport assigned parking space. Fabulous location - close to German Village, and downtown coffee shops/restaurants. See A2A remarks.

Neighborhood Data

Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,175 (100%)
Owner Occupied HU	2,407 (12.6%)
Renter Occupied HU	13,478 (70.3%)
Vacant Housing Units	3,290 (17.2%)
Median Home Value	$532,616
Average Home Value	$596,548