1496 E Cooke RdColumbusOH43224
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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 1496 E Cooke Rd, Columbus, OH, 43224 listed at $168,500 pairs $1,347/mo rent with a $825/mo payment to leave $238/mo cash flow. Total monthly income runs $1,347/mo, and annual cash flow reaches $2,860/yr on $55,858 cash to close. Return on cash invested measures 25.03% in year one, and rental yield registers 9.59% at a $168,500 basis. Equity gained on principal adds $1,087/yr, and annual property appreciation at 5% supports $46,553 by year five. Five-year ROI tracks 130.86% and total cumulative return in cash totals $73,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,347/mo property income relative to a $825/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
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