1470 King AveColumbusOH43212
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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 1470 King Ave, Columbus, OH, 43212 earns from $3,200/mo rent with a $5,066/mo payment. Total monthly income totals $3,200/mo. ROI tracks 7.44% on current figures, and rental yield reads 3.71% at a $1,035,000 purchase. Equity gained on principal adds $6,679/yr, and 5% annual appreciation supports $285,951 over five years. Five-year ROI reaches 36.39% and total cumulative return in cash sums $122,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,200/mo property income instead of your personal income.
Multi Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43212, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,299 (100%) |
| Owner Occupied HU | 3,870 (25.3%) |
| Renter Occupied HU | 10,466 (68.4%) |
| Vacant Housing Units | 963 ( 6.3%) |
| Median Home Value | $525,383 |
| Average Home Value | $580,538 |
Housing Distribution
Address Breakdown
Residential
13,852
Single Family
8,529
Multi-Family
5,323
Businesses
1,162
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Listed by: Matthew T Schirtzinger • RE/MAX Premier Choice
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017496
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.