2326 Vendome Dr SColumbusOH43219
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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
Rental property for sale in Columbus at 2326 Vendome Dr S, Columbus, OH, 43219 priced at $197,400 converts $1,896/mo rent into $598/mo cash flow after a $966/mo obligation. Total monthly income equals $1,896/mo, and annual cash flow totals $7,173/yr on $65,438 invested. Return on cash invested prints 30.87% in year one, and rental yield reads 11.53% against a $197,400 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,538 by year five. Five-year ROI reaches 162.14% and total cumulative return in cash sums $106,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,896/mo property income covering a $966/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,405 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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Listed by: Ciera Lindsey • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224040849
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.