








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Columbus at 2362 S 5th St, Columbus, OH, 43207 offers a 9.22% rental yield on a $245,000 purchase with $1,882/mo rent. Total monthly income registers $1,882/mo, and a $1,199/mo payment leaves $271/mo available for distribution. Annual cash flow reaches $3,247/yr on $81,218 to close, and return on cash invested stands at 23.91% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 124.82% and total cumulative return in cash at $101,376. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,882/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,723 (100%) |
| Owner Occupied HU | 11,558 (55.8%) |
| Renter Occupied HU | 7,625 (36.8%) |
| Vacant Housing Units | 1,540 ( 7.4%) |
| Median Home Value | $188,105 |
| Average Home Value | $238,076 |
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Price change | $245,000 |
| 2025-01-21 | Price change | $249,900 |
| 2024-12-31 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $385.14 | N/A | $8,510 | 32.76% |
| 2022-02-16 | N/A | N/A | $6,410 | N/A |
| 2021-02-16 | $341.26 | -0.15% | $6,410 | N/A |



Listed by: Drew R Hensel • RE/MAX ONE
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224043962
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.