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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 1624 S 8th St, Columbus, OH, 43207 uses $76,245 cash to close to unlock $3,238/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $1,126/mo payment keeps the spread at $270/mo. Purchase price stands at $230,000, and rental yield measures 9.3% with $1,783/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 126.12% and total cumulative return in cash records $96,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1903
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
| 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 |
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kenisha Sanders • Balalovski Real Estate, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225045754
