122 Hamilton AveColumbusOH43203
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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
Rental property for sale in Columbus at 122 Hamilton Ave, Columbus, OH, 43203 priced at $216,000 converts $1,841/mo rent into $195/mo cash flow after a $1,057/mo obligation. Total monthly income equals $1,841/mo, and annual cash flow totals $2,345/yr on $71,604 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 10.23% against a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation compiles into $59,677 by year five. Five-year ROI reaches 122.31% and total cumulative return in cash sums $87,579. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,841/mo property income covering a $1,057/mo payment, not borrower’s personal income.
Condo
Built in 1905
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43203, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 1,217 (23.0%) |
| Renter Occupied HU | 3,198 (60.5%) |
| Vacant Housing Units | 868 (16.4%) |
| Median Home Value | $324,925 |
| Average Home Value | $381,072 |
Housing Distribution
Address Breakdown
Residential
4,478
Single Family
2,909
Multi-Family
1,569
Businesses
240
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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: #225022325
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.