1273 Minnesota 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 1273 Minnesota Ave, Columbus, OH, 43211 listed at $110,000 pairs $1,271/mo rent with a $538/mo payment to leave $548/mo cash flow. Total monthly income runs $1,271/mo, and annual cash flow reaches $6,574/yr on $36,465 cash to close. Return on cash invested measures 37.94% in year one, and rental yield registers 13.87% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 200.05% and total cumulative return in cash totals $72,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,271/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
4,791 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: Eva Marie Hockenberry • Mainstay Brokerage LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016447
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.