2421 Meredith DrColumbusOH43219
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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 2421 Meredith Dr, Columbus, OH, 43219 priced at $155,800 pairs $1,778/mo rent with $753/mo cash flow after a $763/mo payment. Total monthly income equals $1,778/mo, and annual cash flow comes to $9,033/yr on $51,648 invested. Return on cash invested is 37.4% in year one, and rental yield stands at 13.69% on a $155,800 basis. Equity gained on principal adds $1,005/yr, and 5% annual appreciation accumulates to $43,045 by year five. Five-year ROI measures 197.15% and total cumulative return in cash reaches $101,823. For financing, Ziffy Mortgage’s DSCR program evaluates $1,778/mo property income against a $763/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
6,750 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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