12490 Challenge WayColumbia StationOH44028
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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 Columbia Station at 12490 Challenge Way, Columbia Station, OH, 44028 generates $3,272/mo in rent, after a $2,496/mo payment. Total monthly income is $3,272/mo. Return on cash invested sits at 19.47% in year one, and rental yield is 7.7% on a $509,900 entry. Equity gained on principal adds $3,290/yr, while 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 100.99% and total cumulative return in cash sums $169,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,272/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
9,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44028, Columbia Station, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,594 (87.9%) |
| Renter Occupied HU | 318 ( 7.8%) |
| Vacant Housing Units | 176 ( 4.3%) |
| Median Home Value | $369,649 |
| Average Home Value | $407,626 |
Housing Distribution
Address Breakdown
Residential
4,113
Single Family
4,113
Multi-Family
0
Businesses
296
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Listed by: Christopher M Foisy • Howard Hanna
Mls Name: MLS Now
Mls ID: #5132067