1331 Neil Ave, Columbus, OH, 43201 | 6.14% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 1331 Neil Ave, Columbus, OH, 43201 offers a 6.14% rental yield on a $255,000 purchase with $1,304/mo rent. 61% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 74.95% and total cumulative return in cash at $63,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,304/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1910

435.60 sqft lot

$N/A/sqft

No 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