2540 Neil AveColumbusOH43202
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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 2540 Neil Ave, Columbus, OH, 43202 listed at $600,000 pairs $1,980/mo rent with a $2,937/mo payment. Total monthly income runs $1,980/mo. Return on cash invested measures 8.1% in year one, and rental yield registers 3.96% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 40% and total cumulative return in cash totals $78,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43202, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,071 (100%) |
| Owner Occupied HU | 3,001 (27.1%) |
| Renter Occupied HU | 7,341 (66.3%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $352,514 |
| Average Home Value | $373,580 |
Housing Distribution
Address Breakdown
Residential
10,496
Single Family
7,020
Multi-Family
3,476
Businesses
476
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