1604 Westmeadow DrColumbusOH43223
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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
Rental property for sale in Columbus at 1604 Westmeadow Dr, Columbus, OH, 43223 generates $2,182/mo in rent and, after a $1,370/mo payment, leaves $332/mo in cash flow. Total monthly income is $2,182/mo, and annual cash flow is $3,988/yr on $92,820 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.35% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash sums $117,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,182/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
6,534 sqft lot
$N/A/sqft
$100 annually HOA
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Listed by: Brian Breeckner • Beckett Realty Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225028355
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.