2509 Burgandy LnColumbusOH43232
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2509 Burgandy Ln, Columbus, OH, 43232 in Columbus at $115,000 earns $884/mo in rent and nets $128/mo after the $517/mo payment, a 9.22% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $31,772 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,059/yr in principal paydown, total projected return reaches $52,043.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 4.2% |
| Monthly Cash Flow | $128 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $884 |
| Total Monthly Debt Service | $711 |
| DSCR Ratio | 1.24x |
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 1972
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43232, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,030 (100%) |
| Owner Occupied HU | 7,534 (37.6%) |
| Renter Occupied HU | 11,145 (55.6%) |
| Vacant Housing Units | 1,351 ( 6.7%) |
| Median Home Value | $172,928 |
| Average Home Value | $275,631 |
Housing Distribution
Address Breakdown
Residential
19,065
Single Family
17,152
Multi-Family
1,913
Businesses
943
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 1972
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43232, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,030 (100%) |
| Owner Occupied HU | 7,534 (37.6%) |
| Renter Occupied HU | 11,145 (55.6%) |
| Vacant Housing Units | 1,351 ( 6.7%) |
| Median Home Value | $172,928 |
| Average Home Value | $275,631 |
Housing Distribution
Address Breakdown
Residential
19,065
Single Family
17,152
Multi-Family
1,913
Businesses
943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices