2434 Ravenel DrColumbusOH43209
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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
Investment property for sale in Columbus at 2434 Ravenel Dr, Columbus, OH, 43209 with 5% annual appreciation on a $145,999 basis while $1,273/mo rent supports operations. Total monthly income totals $1,273/mo and a $715/mo payment preserves $131/mo for cash returns. Annual cash flow comes to $1,575/yr on $48,399 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $942/yr, and five-year appreciation sums $40,337 alongside rental yield of 10.46%. Five-year ROI measures 122.53% and total cumulative return in cash totals $59,302.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,273/mo property income versus a $715/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
435.60 sqft lot
$N/A/sqft
$181 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
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Listed by: Jennifer L Meier • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225004050
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.