251 Daniel Burnham Sq UNIT 259ColumbusOH43215
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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
Rental property for sale in Columbus at 251 Daniel Burnham Sq UNIT 259, Columbus, OH, 43215 generates $2,662/mo in rent, after a $3,426/mo payment. Total monthly income is $2,662/mo. Return on cash invested sits at 9.94% in year one, and rental yield is 4.56% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 49.86% and total cumulative return in cash sums $114,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,662/mo property income rather than buyer’s personal income.
Condo
Built in 2005
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
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