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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 185 E Tompkins St, Columbus, OH, 43202 offers a 11.25% rental yield on a $239,900 purchase with $2,250/mo rent. Total monthly income registers $2,250/mo, and a $1,174/mo payment leaves $672/mo available for distribution. Annual cash flow reaches $8,066/yr on $79,527 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 157.8% and total cumulative return in cash at $125,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,250/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43202, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,071 (100%) |
| Owner Occupied HU | 3,001 (27.1%) |
| Renter Occupied HU | 7,341 (66.3%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $352,514 |
| Average Home Value | $373,580 |
Residential
10,496
Single Family
7,020
Multi-Family
3,476
Businesses
476
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: Anne B Voight • RE/MAX Impact
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225040742
