215 Martin Luther King Jr BlvdColumbusOH43203
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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 215 Martin Luther King Jr Blvd, Columbus, OH, 43203 earns $1,814/mo cash flow from $3,244/mo rent with a $1,048/mo payment. Total monthly income totals $3,244/mo, and annual cash flow totals $21,772/yr on $71,007 capital. ROI tracks 50.57% on current figures, and rental yield reads 18.17% at a $214,200 purchase. Equity gained on principal adds $1,382/yr, and 5% annual appreciation supports $59,180 over five years. Five-year ROI reaches 267.96% and total cumulative return in cash sums $190,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,244/mo property income instead of your personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43203, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 1,217 (23.0%) |
| Renter Occupied HU | 3,198 (60.5%) |
| Vacant Housing Units | 868 (16.4%) |
| Median Home Value | $324,925 |
| Average Home Value | $381,072 |
Housing Distribution
Address Breakdown
Residential
4,478
Single Family
2,909
Multi-Family
1,569
Businesses
240
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