1863 Ward RdColumbusOH43224
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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 1863 Ward Rd, Columbus, OH, 43224 at $189,300 posts ROI 23.63% with $194/mo cash flow from $1,440/mo rent. Total monthly income equals $1,440/mo, and annual cash flow records $2,332/yr on $62,753 to close. Return on cash invested measures 23.63% and rental yield reads 9.13% at the current $189,300. Equity gained on principal adds $1,222/yr, and 5% annual appreciation supports $52,300 by year five. Five-year ROI prints 123.34% and total cumulative return in cash totals $77,397.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
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Listed by: Ekaterina Lyubimova • NextHome Experience
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224013919
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.