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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 259 W 2nd Ave, Columbus, OH, 43201 offers a 3.33% rental yield on a $469,900 purchase with $1,304/mo rent. 82% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Portfolio math shows five-year ROI at 27.94% and total cumulative return in cash at $43,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,304/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,534 (100%) |
| Owner Occupied HU | 2,390 (11.1%) |
| Renter Occupied HU | 16,148 (75.0%) |
| Vacant Housing Units | 2,996 (13.9%) |
| Median Home Value | $471,933 |
| Average Home Value | $467,571 |
Residential
18,494
Single Family
11,190
Multi-Family
7,304
Businesses
878
Date | Event | Price |
|---|---|---|
| 2023-12-01 | Listing removed | N/A |
| 2023-11-13 | Price change | $2,500 |
| 2023-10-10 | Listed for rent | $2,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-12 | $7647.32 | -8.92% | $168,980 | 6.95% |
| 2022-09-12 | $8396.58 | -0.18% | $158,000 | N/A |
| 2021-09-12 | $8411.56 | -0.15% | $158,000 | N/A |
Listed by: John M Houk • The Brokerage House
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225034437
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.
