117 Stevens AveColumbusOH43222
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Nearby investment properties with comparable prices
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 117 Stevens Ave, Columbus, OH, 43222 offers $1,275/mo rent that, after a $807/mo payment, leaves $190/mo cash flow. Total monthly income is $1,275/mo, and annual cash flow is $2,285/yr on $54,664 cash. Return on cash invested measures 24.09% in year one, and rental yield stands at 9.28% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 125.84% and total cumulative return in cash reaches $68,788. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,275/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43222, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,255 (100%) |
| Owner Occupied HU | 620 (27.5%) |
| Renter Occupied HU | 1,203 (53.3%) |
| Vacant Housing Units | 432 (19.2%) |
| Median Home Value | $136,047 |
| Average Home Value | $213,230 |
Housing Distribution
Address Breakdown
Residential
1,888
Single Family
1,709
Multi-Family
179
Businesses
253
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