205 Meadowlark LnColumbusOH43214
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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 205 Meadowlark Ln, Columbus, OH, 43214 uses $119,340 cash to close to unlock $1,308/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $2,477/mo, and a $1,762/mo payment keeps the spread at $109/mo. Purchase price stands at $360,000, and rental yield measures 8.26% with $2,477/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 109.21% and total cumulative return in cash records $130,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,477/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43214, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,140 (100%) |
| Owner Occupied HU | 8,030 (56.8%) |
| Renter Occupied HU | 5,358 (37.9%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $393,314 |
| Average Home Value | $430,495 |
Housing Distribution
Address Breakdown
Residential
13,899
Single Family
10,643
Multi-Family
3,256
Businesses
1,300
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Listed by: Brandon T Prewitt • RE/MAX Partners
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017114
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.