2582 Scioto View Ln #HColumbusOH43221
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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 2582 Scioto View Ln #H, Columbus, OH, 43221 listed at $246,900 pairs $2,414/mo rent with a $1,208/mo payment to leave $425/mo cash flow. Total monthly income runs $2,414/mo, and annual cash flow reaches $5,105/yr on $81,847 cash to close. Return on cash invested measures 26.15% in year one, and rental yield registers 11.73% at a $246,900 basis. Equity gained on principal adds $1,593/yr, and annual property appreciation at 5% supports $68,214 by year five. Five-year ROI tracks 138.75% and total cumulative return in cash totals $113,565. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,414/mo property income relative to a $1,208/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
435.60 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43221, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 10,009 (66.9%) |
| Renter Occupied HU | 4,110 (27.5%) |
| Vacant Housing Units | 846 ( 5.7%) |
| Median Home Value | $466,238 |
| Average Home Value | $541,856 |
Housing Distribution
Address Breakdown
Residential
14,875
Single Family
14,071
Multi-Family
804
Businesses
773
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Listed by: Punithavathy Sundaresan • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224032365
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.