1298 Forsythe AveColumbusOH43201
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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 1298 Forsythe Ave, Columbus, OH, 43201 earns $432/mo cash flow from $3,360/mo rent with a $2,048/mo payment. Total monthly income totals $3,360/mo, and annual cash flow totals $5,178/yr on $138,733 capital. ROI tracks 23.64% on current figures, and rental yield reads 9.63% at a $418,500 purchase. Equity gained on principal adds $2,701/yr, and 5% annual appreciation supports $115,624 over five years. Five-year ROI reaches 123.93% and total cumulative return in cash sums $171,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$176 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,534 (100%) |
| Owner Occupied HU | 2,390 (11.1%) |
| Renter Occupied HU | 16,148 (75.0%) |
| Vacant Housing Units | 2,996 (13.9%) |
| Median Home Value | $471,933 |
| Average Home Value | $467,571 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
11,190
Multi-Family
7,304
Businesses
878
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Listed by: Alissa J Gilroy-Garafolo • Vision One Real EstateAdvisors
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000066
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.