261 S Chase AveColumbusOH43204
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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 261 S Chase Ave, Columbus, OH, 43204 priced at $1,710,000 pairs $1,229/mo rent with after a $8,370/mo payment. Total monthly income equals $1,229/mo. Return on cash invested is -1.33% in year one, and rental yield stands at 0.86% on a $1,710,000 basis. Equity gained on principal adds $11,034/yr, and 5% annual appreciation accumulates to $472,441 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,229/mo property income against a $8,370/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1948
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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