1316 Genessee AveColumbusOH43211
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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 1316 Genessee Ave, Columbus, OH, 43211 uses $44,719 cash to close to unlock $2,219/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,072/mo, and a $660/mo payment keeps the spread at $185/mo. Purchase price stands at $134,900, and rental yield measures 9.54% with $1,072/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 129.97% and total cumulative return in cash records $58,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,072/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43211, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,525 (100%) |
| Owner Occupied HU | 3,273 (34.4%) |
| Renter Occupied HU | 5,223 (54.8%) |
| Vacant Housing Units | 1,029 (10.8%) |
| Median Home Value | $81,790 |
| Average Home Value | $139,575 |
Housing Distribution
Address Breakdown
Residential
9,152
Single Family
9,109
Multi-Family
43
Businesses
426
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