1158 Lexington AveColumbusOH43201
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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 1158 Lexington Ave, Columbus, OH, 43201 uses $53,007 cash to close to unlock $1,906/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,211/mo, and a $783/mo payment keeps the spread at $159/mo. Purchase price stands at $159,900, and rental yield measures 9.09% with $1,211/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 122.64% and total cumulative return in cash records $65,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,211/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1927
4,356 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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