1485 Norma RdColumbusOH43229
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1485 Norma Rd, Columbus, OH, 43229 in Columbus is a top-tier cash-flow asset. At $127,900 it produces $2,665/mo in rent and $1,817/mo in net monthly income, a 25.01% gross rental yield. The DSCR of 4.63 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $21,805. Five-year appreciation adds $35,336, driving a total cumulative return of $165,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 25% | 4.2% |
| Monthly Cash Flow | $1,817 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,665 |
| Total Monthly Debt Service | $797 |
| DSCR Ratio | 3.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43229, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,389 (100%) |
| Owner Occupied HU | 8,699 (38.9%) |
| Renter Occupied HU | 12,833 (57.3%) |
| Vacant Housing Units | 857 ( 3.8%) |
| Median Home Value | $232,426 |
| Average Home Value | $286,295 |
Housing Distribution
Address Breakdown
Residential
21,536
Single Family
18,329
Multi-Family
3,207
Businesses
1,767
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
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43229, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,389 (100%) |
| Owner Occupied HU | 8,699 (38.9%) |
| Renter Occupied HU | 12,833 (57.3%) |
| Vacant Housing Units | 857 ( 3.8%) |
| Median Home Value | $232,426 |
| Average Home Value | $286,295 |
Housing Distribution
Address Breakdown
Residential
21,536
Single Family
18,329
Multi-Family
3,207
Businesses
1,767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices