1439 Minnesota 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
Rental property for sale in Columbus at 1439 Minnesota Ave, Columbus, OH, 43211 priced at $194,900 pairs $1,883/mo rent with $601/mo cash flow after a $954/mo payment. Total monthly income equals $1,883/mo, and annual cash flow comes to $7,211/yr on $64,609 invested. Return on cash invested is 31.07% in year one, and rental yield stands at 11.59% on a $194,900 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,847 by year five. Five-year ROI measures 163.21% and total cumulative return in cash reaches $105,447. For financing, Ziffy Mortgage’s DSCR program evaluates $1,883/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
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: James E Ross • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225002045
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.