1607 Simpson DrColumbusOH43227
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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 1607 Simpson Dr, Columbus, OH, 43227 at $229,900 posts ROI 26.47% with $417/mo cash flow from $1,929/mo rent. Total monthly income equals $1,929/mo, and annual cash flow records $5,004/yr on $76,212 to close. Return on cash invested measures 26.47% and rental yield reads 10.07% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 138.56% and total cumulative return in cash totals $105,599.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,929/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43227, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,549 (100%) |
| Owner Occupied HU | 4,627 (43.9%) |
| Renter Occupied HU | 5,225 (49.5%) |
| Vacant Housing Units | 697 ( 6.6%) |
| Median Home Value | $135,523 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
8,198
Multi-Family
657
Businesses
375
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