2358 Woodbrook Cir S #156ColumbusOH43223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 2358 Woodbrook Cir S #156, Columbus, OH, 43223 in Columbus worth modelling. At $130,000 with a 11.01% gross yield, the $1,193/mo rent leaves $132/mo after the $585/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.04 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $35,917 by year five; $1,197/yr in principal reduction adds further equity. Total projected return: $58,925.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 4.2% |
| Monthly Cash Flow | $132 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,193 |
| Total Monthly Debt Service | $1,009 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1969
435.60 sqft lot
$N/A/sqft
$206 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1969
435.60 sqft lot
$N/A/sqft
$206 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie S Anzuini • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015800
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.