1311 Clement DrColumbusOH43085
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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 1311 Clement Dr, Columbus, OH, 43085 offers a 8.33% rental yield on a $380,000 purchase with $2,639/mo rent. Total monthly income registers $2,639/mo, and a $1,860/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,452/yr on $125,970 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 109.58% and total cumulative return in cash at $138,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,639/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: Lauren L Lucas • KW Classic Properties Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225010465
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.