1290 S James RdColumbusOH43227
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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 1290 S James Rd, Columbus, OH, 43227 priced at $250,000 pairs $1,517/mo rent with after a $1,224/mo payment. Total monthly income equals $1,517/mo. Return on cash invested is 18.06% in year one, and rental yield stands at 7.28% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 93.48% and total cumulative return in cash reaches $77,470. For financing, Ziffy Mortgage’s DSCR program evaluates $1,517/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1960
N/A 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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