2422 Briers Dr #DColumbusOH43209
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2422 Briers Dr #D, Columbus, OH, 43209 in Columbus hard to pass up. The 15.72% gross yield on a $110,500 purchase results in $1,447/mo in rent and $523/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.91). Annual cash flow of $6,280, five-year appreciation of $30,529, and $1,018/yr in equity build-up combine for a projected total cumulative return of $76,593.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.7% | 4.2% |
| Monthly Cash Flow | $523 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,447 |
| Total Monthly Debt Service | $880 |
| DSCR Ratio | 1.64x |
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 1973
871.20 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43209, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,799 (100%) |
| Owner Occupied HU | 6,760 (52.8%) |
| Renter Occupied HU | 5,116 (40.0%) |
| Vacant Housing Units | 923 ( 7.2%) |
| Median Home Value | $417,341 |
| Average Home Value | $492,724 |
Housing Distribution
Address Breakdown
Residential
12,028
Single Family
10,198
Multi-Family
1,830
Businesses
783
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 1973
871.20 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43209, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,799 (100%) |
| Owner Occupied HU | 6,760 (52.8%) |
| Renter Occupied HU | 5,116 (40.0%) |
| Vacant Housing Units | 923 ( 7.2%) |
| Median Home Value | $417,341 |
| Average Home Value | $492,724 |
Housing Distribution
Address Breakdown
Residential
12,028
Single Family
10,198
Multi-Family
1,830
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James E Ross • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225020276
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.