1789 Mayo CtColumbusOH43235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1789 Mayo Ct, Columbus, OH, 43235 priced at $339,500 converts $2,621/mo rent into $354/mo cash flow after a $1,662/mo obligation. Total monthly income equals $2,621/mo, and annual cash flow totals $4,246/yr on $112,544 invested. Return on cash invested prints 23.68% in year one, and rental yield reads 9.26% against a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation compiles into $93,798 by year five. Five-year ROI reaches 123.72% and total cumulative return in cash sums $139,241. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,621/mo property income covering a $1,662/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43235, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,772 (100%) |
| Owner Occupied HU | 10,434 (47.9%) |
| Renter Occupied HU | 10,100 (46.4%) |
| Vacant Housing Units | 1,238 ( 5.7%) |
| Median Home Value | $375,617 |
| Average Home Value | $411,146 |
Housing Distribution
Address Breakdown
Residential
20,665
Single Family
17,001
Multi-Family
3,664
Businesses
1,318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susanne Casey • Keller Williams Capital Ptnrs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225004372
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.