258 Lechner AveColumbusOH43223
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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 258 Lechner Ave, Columbus, OH, 43223 generates $987/mo in rent and, after a $636/mo payment, leaves $132/mo in cash flow. Total monthly income is $987/mo, and annual cash flow is $1,586/yr on $43,095 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 9.11% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 123.19% and total cumulative return in cash sums $53,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $987/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael L Morgan • Heart & HomePropertyManagement
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018871
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.