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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbus at 120 E Blake Ave, Columbus, OH, 43202 offers $2,250/mo rent that, after a $1,689/mo payment. Total monthly income is $2,250/mo. Return on cash invested measures 19.7% in year one, and rental yield stands at 7.83% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 102.27% and total cumulative return in cash reaches $116,968. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,250/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43202, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,071 (100%) |
| Owner Occupied HU | 3,001 (27.1%) |
| Renter Occupied HU | 7,341 (66.3%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $352,514 |
| Average Home Value | $373,580 |
Residential
10,496
Single Family
7,020
Multi-Family
3,476
Businesses
476
Date | Event | Price |
|---|---|---|
| 2019-06-21 | Sold | $255,000 |
| 2019-05-24 | Pending sale | $255,000 |
| 2019-05-21 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-12 | $4590.12 | 28.49% | $103,600 | 50.41% |
| 2022-06-12 | $3572.42 | -0.18% | $68,880 | N/A |
| 2021-06-12 | $3578.78 | 16.44% | $68,880 | 16.59% |
Listed by: Elizabeth A Fraim • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021026
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.
