1865 Tamarack Ct SColumbusOH43229
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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 1865 Tamarack Ct S, Columbus, OH, 43229 uses $94,411 cash to close to unlock $6,703/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $2,432/mo, and a $1,394/mo payment keeps the spread at $559/mo. Purchase price stands at $284,800, and rental yield measures 10.25% with $2,432/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $78,685 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash records $133,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,432/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1966
9,459 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43229, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,389 (100%) |
| Owner Occupied HU | 8,699 (38.9%) |
| Renter Occupied HU | 12,833 (57.3%) |
| Vacant Housing Units | 857 ( 3.8%) |
| Median Home Value | $232,426 |
| Average Home Value | $286,295 |
Housing Distribution
Address Breakdown
Residential
21,536
Single Family
18,329
Multi-Family
3,207
Businesses
1,767
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