204 Midland AveColumbusOH43223
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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 204 Midland Ave, Columbus, OH, 43223 offers a 9.4% rental yield on a $104,900 purchase with $822/mo rent. Total monthly income registers $822/mo, and a $513/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $641/yr on $34,774 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,982 over five years. Portfolio math shows five-year ROI at 114.31% and total cumulative return in cash at $39,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $822/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Kelli L Hatfield • Beckett Realty Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017419
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.