156 S Eureka AveColumbusOH43204
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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 156 S Eureka Ave, Columbus, OH, 43204 offers a 12.63% rental yield on a $183,500 purchase with $1,932/mo rent. Total monthly income registers $1,932/mo, and a $898/mo payment leaves $725/mo available for distribution. Annual cash flow reaches $8,701/yr on $60,830 to close, and return on cash invested stands at 34.21% in year one. Equity gained on principal adds $1,184/yr while 5% annual appreciation supports $50,698 over five years. Portfolio math shows five-year ROI at 180.15% and total cumulative return in cash at $109,584. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,932/mo property income against a $898/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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Listed by: Carlton A Churchill • Rich Russo Realty & Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225011238
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.