2638 Perdue AveColumbusOH43211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2638 Perdue Ave, Columbus, OH, 43211 offers $1,574/mo rent that, after a $587/mo payment, leaves $722/mo cash flow. Total monthly income is $1,574/mo, and annual cash flow is $8,665/yr on $39,780 cash. Return on cash invested measures 41.69% in year one, and rental yield stands at 15.74% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 220.95% and total cumulative return in cash reaches $87,895. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,574/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43211, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,525 (100%) |
| Owner Occupied HU | 3,273 (34.4%) |
| Renter Occupied HU | 5,223 (54.8%) |
| Vacant Housing Units | 1,029 (10.8%) |
| Median Home Value | $81,790 |
| Average Home Value | $139,575 |
Housing Distribution
Address Breakdown
Residential
9,152
Single Family
9,109
Multi-Family
43
Businesses
426
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Listed by: Ricky Compton • RE/MAX ONE
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224041588
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.