244 Avondale AveColumbusOH43223
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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 244 Avondale Ave, Columbus, OH, 43223 earns $596/mo cash flow from $2,239/mo rent with a $1,223/mo payment. Total monthly income totals $2,239/mo, and annual cash flow totals $7,146/yr on $82,809 capital. ROI tracks 28.54% on current figures, and rental yield reads 10.76% at a $249,800 purchase. Equity gained on principal adds $1,612/yr, and 5% annual appreciation supports $69,015 over five years. Five-year ROI reaches 149.63% and total cumulative return in cash sums $123,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,239/mo property income instead of your personal income.
Single Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
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Listed by: Terry W Warren • Signature Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224028738
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.