2721 Woodland Trail DrColumbusOH43231
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
Investment property for sale in Columbus at 2721 Woodland Trail Dr, Columbus, OH, 43231 uses $87,848 cash to close to unlock $3,335/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,021/mo, and a $1,297/mo payment keeps the spread at $278/mo. Purchase price stands at $265,000, and rental yield measures 9.15% with $2,021/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 123.71% and total cumulative return in cash records $108,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,021/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1988
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43231, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,009 (100%) |
| Owner Occupied HU | 4,329 (48.1%) |
| Renter Occupied HU | 4,287 (47.6%) |
| Vacant Housing Units | 393 ( 4.4%) |
| Median Home Value | $271,244 |
| Average Home Value | $307,256 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,878
Multi-Family
1,016
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices