130 Stornoway Dr EColumbusOH43213
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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 130 Stornoway Dr E, Columbus, OH, 43213 priced at $109,900 pairs $950/mo rent with after a $538/mo payment. Total monthly income equals $950/mo. Return on cash invested is 16.1% in year one, and rental yield stands at 10.37% on a $109,900 basis. Equity gained on principal adds $709/yr, and 5% annual appreciation accumulates to $30,363 by year five. Five-year ROI measures 87.1% and total cumulative return in cash reaches $31,732. For financing, Ziffy Mortgage’s DSCR program evaluates $950/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
435.60 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43213, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,265 (100%) |
| Owner Occupied HU | 6,043 (37.2%) |
| Renter Occupied HU | 9,258 (56.9%) |
| Vacant Housing Units | 964 ( 5.9%) |
| Median Home Value | $251,914 |
| Average Home Value | $297,672 |
Housing Distribution
Address Breakdown
Residential
15,606
Single Family
13,382
Multi-Family
2,224
Businesses
1,327
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Listed by: Phillip Warren Stern • Realistar
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225006349
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.