247-249 Midland Ave, Columbus, OH, 43223 | 7.59% Rental Yield

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 247-249 Midland Ave, Columbus, OH, 43223 earns from $1,379/mo rent with a $1,067/mo payment. Total monthly income totals $1,379/mo. ROI tracks 19% on current figures, and rental yield reads 7.59% at a $217,900 purchase. Equity gained on principal adds $1,406/yr, and 5% annual appreciation supports $60,202 over five years. Five-year ROI reaches 98.51% and total cumulative return in cash sums $71,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,379/mo property income instead of your personal income.

Multi Family

Built in 1920

5,227 sqft lot

$N/A/sqft

No HOA