1675 Richmond RdColumbusOH43223
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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 1675 Richmond Rd, Columbus, OH, 43223 uses $39,780 cash to close to unlock $4,212/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $587/mo payment keeps the spread at $351/mo. Purchase price stands at $120,000, and rental yield measures 11.4% with $1,140/mo rent. Return on cash invested shows 30.5% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 160.11% and total cumulative return in cash records $63,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1953
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Scott Fader • Joseph Walter Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018668
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.