186-188 W Park AveColumbusOH43223
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 186-188 W Park Ave, Columbus, OH, 43223 generates $1,489/mo in rent, after a $1,713/mo payment. Total monthly income is $1,489/mo. Return on cash invested sits at 11.5% in year one, and rental yield is 5.11% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 58.25% and total cumulative return in cash sums $67,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,489/mo property income rather than buyer’s personal income.
Multi Family
Built in 1968
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Remington Lyman • Reafco
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225032760
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.