1173 Manchester AveColumbusOH43211
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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 1173 Manchester Ave, Columbus, OH, 43211 uses $48,068 cash to close to unlock $4,823/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $1,356/mo, and a $710/mo payment keeps the spread at $402/mo. Purchase price stands at $145,000, and rental yield measures 11.22% with $1,356/mo rent. Return on cash invested shows 29.94% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 157.15% and total cumulative return in cash records $75,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1941
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43211, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,525 (100%) |
| Owner Occupied HU | 3,273 (34.4%) |
| Renter Occupied HU | 5,223 (54.8%) |
| Vacant Housing Units | 1,029 (10.8%) |
| Median Home Value | $81,790 |
| Average Home Value | $139,575 |
Housing Distribution
Address Breakdown
Residential
9,152
Single Family
9,109
Multi-Family
43
Businesses
426
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Listed by: Julie R Wills • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016648
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.