2178 Fenton StColumbusOH43224
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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 2178 Fenton St, Columbus, OH, 43224 with 5% annual appreciation on a $219,000 basis while $1,767/mo rent supports operations. Total monthly income totals $1,767/mo and a $1,072/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,916/yr on $72,599 deployed, and return on cash invested reaches 25.3% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 9.68%. Five-year ROI measures 132.33% and total cumulative return in cash totals $96,069.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,767/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
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Listed by: Hilary L Keys • The Columbus Agents
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225014405
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.