1202 Manfeld DrColumbusOH43227
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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 1202 Manfeld Dr, Columbus, OH, 43227 offers a 10.47% rental yield on a $215,000 purchase with $1,875/mo rent. Total monthly income registers $1,875/mo, and a $1,052/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,533/yr on $71,273 to close, and return on cash invested stands at 27.67% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 145.07% and total cumulative return in cash at $103,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,875/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43227, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,549 (100%) |
| Owner Occupied HU | 4,627 (43.9%) |
| Renter Occupied HU | 5,225 (49.5%) |
| Vacant Housing Units | 697 ( 6.6%) |
| Median Home Value | $135,523 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
8,198
Multi-Family
657
Businesses
375
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