2278 Wadsworth Dr #DColumbusOH43232
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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 2278 Wadsworth Dr #D, Columbus, OH, 43232 uses $51,349 cash to close to unlock $1,839/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,172/mo, and a $758/mo payment keeps the spread at $153/mo. Purchase price stands at $154,900, and rental yield measures 9.08% with $1,172/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash records $62,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,172/mo property income covering a $758/mo payment rather than investor’s personal income.
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43232, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,030 (100%) |
| Owner Occupied HU | 7,534 (37.6%) |
| Renter Occupied HU | 11,145 (55.6%) |
| Vacant Housing Units | 1,351 ( 6.7%) |
| Median Home Value | $172,928 |
| Average Home Value | $275,631 |
Housing Distribution
Address Breakdown
Residential
19,065
Single Family
17,152
Multi-Family
1,913
Businesses
943
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