1904 Willoway Cir SColumbusOH43220
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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 1904 Willoway Cir S, Columbus, OH, 43220 uses $76,212 cash to close to unlock $1,380/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,627/mo, and a $1,125/mo payment keeps the spread at $115/mo. Purchase price stands at $229,900, and rental yield measures 8.49% with $1,627/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 113.05% and total cumulative return in cash records $86,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,627/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Condo
Built in 1971
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43220, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,493 (100%) |
| Owner Occupied HU | 7,004 (51.9%) |
| Renter Occupied HU | 5,843 (43.3%) |
| Vacant Housing Units | 646 ( 4.8%) |
| Median Home Value | $476,011 |
| Average Home Value | $545,551 |
Housing Distribution
Address Breakdown
Residential
13,109
Single Family
11,902
Multi-Family
1,207
Businesses
1,192
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