1324 Fountaine DrColumbusOH43221
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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 1324 Fountaine Dr, Columbus, OH, 43221 at $392,000 posts ROI 21.91% with $217/mo cash flow from $3,401/mo rent. Total monthly income equals $3,401/mo, and annual cash flow records $2,603/yr on $129,948 to close. Return on cash invested measures 21.91% and rental yield reads 10.41% at the current $392,000. Equity gained on principal adds $2,530/yr, and 5% annual appreciation supports $108,302 by year five. Five-year ROI prints 116.11% and total cumulative return in cash totals $150,888.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,401/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
1,306 sqft lot
$N/A/sqft
$1,798 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43221, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 10,009 (66.9%) |
| Renter Occupied HU | 4,110 (27.5%) |
| Vacant Housing Units | 846 ( 5.7%) |
| Median Home Value | $466,238 |
| Average Home Value | $541,856 |
Housing Distribution
Address Breakdown
Residential
14,875
Single Family
14,071
Multi-Family
804
Businesses
773
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Listed by: Sarah Dawes • RE/MAX Capital Centre
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015216
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.