1620 E Broad St #709ColumbusOH43203
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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 1620 E Broad St #709, Columbus, OH, 43203 listed at $169,900 pairs $1,307/mo rent with a $832/mo payment. Total monthly income runs $1,307/mo. Return on cash invested measures 8.57% in year one, and rental yield registers 9.23% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 48.13% and total cumulative return in cash totals $27,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,307/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1961
1,306 sqft lot
$N/A/sqft
$721 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43203, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 1,217 (23.0%) |
| Renter Occupied HU | 3,198 (60.5%) |
| Vacant Housing Units | 868 (16.4%) |
| Median Home Value | $324,925 |
| Average Home Value | $381,072 |
Housing Distribution
Address Breakdown
Residential
4,478
Single Family
2,909
Multi-Family
1,569
Businesses
240
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Listed by: Bradley M Funk • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224025053
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