1390 Manchester 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 1390 Manchester Ave, Columbus, OH, 43211 offers a 11.3% rental yield on a $107,000 purchase with $1,008/mo rent. Total monthly income registers $1,008/mo, and a $524/mo payment leaves $304/mo available for distribution. Annual cash flow reaches $3,647/yr on $35,471 to close, and return on cash invested stands at 30.19% in year one. Equity gained on principal adds $690/yr while 5% annual appreciation supports $29,562 over five years. Portfolio math shows five-year ROI at 158.51% and total cumulative return in cash at $56,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,008/mo property income against a $524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
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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Listed by: Rob Adams • Rise Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224036640
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.