24848 River Glen DrColumbia StationOH44028
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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 Columbia Station at 24848 River Glen Dr, Columbia Station, OH, 44028 listed at $819,000 pairs $1,920/mo rent with a $4,009/mo payment. Total monthly income runs $1,920/mo. Return on cash invested measures 4.62% in year one, and rental yield registers 2.81% at a $819,000 basis. Equity gained on principal adds $5,285/yr, and annual property appreciation at 5% supports $226,275 by year five. Five-year ROI tracks 21.33% and total cumulative return in cash totals $57,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $4,009/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44028, Columbia Station, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,594 (87.9%) |
| Renter Occupied HU | 318 ( 7.8%) |
| Vacant Housing Units | 176 ( 4.3%) |
| Median Home Value | $369,649 |
| Average Home Value | $407,626 |
Housing Distribution
Address Breakdown
Residential
4,113
Single Family
4,113
Multi-Family
0
Businesses
296
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Listed by: Roger L Nair • Home Equity Realty Group
Mls Name: MLS Now
Mls ID: #5147686