1410 Carylake CirColumbusOH43240
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 1410 Carylake Cir, Columbus, OH, 43240 in Columbus achieves 1.56, rent of $2,287/mo covers the $1,468/mo payment 1.5x over at $326,500. Rental yield 8.41%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $90,206 over five years, with $3,007/yr in principal reduction bringing total projected return to $113,262.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.2% |
| Monthly Cash Flow | $(196) | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,287 |
| Total Monthly Debt Service | $2,353 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2010
0.72 Acres lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43240, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,276 (100%) |
| Owner Occupied HU | 1,018 (19.3%) |
| Renter Occupied HU | 3,724 (70.6%) |
| Vacant Housing Units | 534 (10.1%) |
| Median Home Value | $316,461 |
| Average Home Value | $383,576 |
Housing Distribution
Address Breakdown
Residential
3,565
Single Family
2,841
Multi-Family
724
Businesses
668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2010
0.72 Acres lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43240, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,276 (100%) |
| Owner Occupied HU | 1,018 (19.3%) |
| Renter Occupied HU | 3,724 (70.6%) |
| Vacant Housing Units | 534 (10.1%) |
| Median Home Value | $316,461 |
| Average Home Value | $383,576 |
Housing Distribution
Address Breakdown
Residential
3,565
Single Family
2,841
Multi-Family
724
Businesses
668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Lynn • Keller Williams Consultants
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225028262
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.