1288 Oakfield Dr NColumbusOH43229
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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 1288 Oakfield Dr N, Columbus, OH, 43229 generates $2,754/mo in rent and, after a $1,710/mo payment, leaves $456/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $5,472/yr on $115,793 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.46% on a $349,300 entry. Equity gained on principal adds $2,254/yr, while 5% annual appreciation builds toward $96,505 over five years. Five-year ROI reaches 128.72% and total cumulative return in cash sums $149,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43229, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,389 (100%) |
| Owner Occupied HU | 8,699 (38.9%) |
| Renter Occupied HU | 12,833 (57.3%) |
| Vacant Housing Units | 857 ( 3.8%) |
| Median Home Value | $232,426 |
| Average Home Value | $286,295 |
Housing Distribution
Address Breakdown
Residential
21,536
Single Family
18,329
Multi-Family
3,207
Businesses
1,767
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Listed by: Ekaterina Lyubimova • NextHome Experience
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224025945
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.