2268 Ridgeway AveColumbusOH43219
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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 2268 Ridgeway Ave, Columbus, OH, 43219 offers a 8.98% rental yield on a $253,500 purchase with $1,896/mo rent. Total monthly income registers $1,896/mo, and a $1,241/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,739/yr on $84,035 to close, and return on cash invested stands at 23.17% in year one. Equity gained on principal adds $1,636/yr while 5% annual appreciation supports $70,037 over five years. Portfolio math shows five-year ROI at 120.87% and total cumulative return in cash at $101,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,896/mo property income against a $1,241/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43219, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,349 (100%) |
| Owner Occupied HU | 5,102 (35.6%) |
| Renter Occupied HU | 7,814 (54.5%) |
| Vacant Housing Units | 1,433 ( 10.0%) |
| Median Home Value | $213,152 |
| Average Home Value | $247,694 |
Housing Distribution
Address Breakdown
Residential
13,061
Single Family
11,863
Multi-Family
1,198
Businesses
1,631
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