1483 Mount Vernon AveColumbusOH43203
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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 1483 Mount Vernon Ave, Columbus, OH, 43203 earns $565/mo cash flow from $1,749/mo rent with a $881/mo payment. Total monthly income totals $1,749/mo, and annual cash flow totals $6,780/yr on $59,670 capital. ROI tracks 31.27% on current figures, and rental yield reads 11.66% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 164.27% and total cumulative return in cash sums $98,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,749/mo property income instead of your personal income.
Single Family
Built in 1911
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43203, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 1,217 (23.0%) |
| Renter Occupied HU | 3,198 (60.5%) |
| Vacant Housing Units | 868 (16.4%) |
| Median Home Value | $324,925 |
| Average Home Value | $381,072 |
Housing Distribution
Address Breakdown
Residential
4,478
Single Family
2,909
Multi-Family
1,569
Businesses
240
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