1532 Parsons AveColumbusOH43207
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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 1532 Parsons Ave, Columbus, OH, 43207 offers a 11.04% rental yield on a $193,800 purchase with $1,783/mo rent. Total monthly income registers $1,783/mo, and a $949/mo payment leaves $508/mo available for distribution. Annual cash flow reaches $6,093/yr on $64,245 to close, and return on cash invested stands at 29.39% in year one. Equity gained on principal adds $1,251/yr while 5% annual appreciation supports $53,543 over five years. Portfolio math shows five-year ROI at 154.22% and total cumulative return in cash at $99,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,783/mo property income against a $949/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1884
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,723 (100%) |
| Owner Occupied HU | 11,558 (55.8%) |
| Renter Occupied HU | 7,625 (36.8%) |
| Vacant Housing Units | 1,540 ( 7.4%) |
| Median Home Value | $188,105 |
| Average Home Value | $238,076 |
Housing Distribution
Address Breakdown
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
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Listed by: Jason Gould • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224034700
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.