2860 E 6th AveColumbusOH43219
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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 2860 E 6th Ave, Columbus, OH, 43219 earns $197/mo cash flow from $1,308/mo rent with a $827/mo payment. Total monthly income totals $1,308/mo, and annual cash flow totals $2,358/yr on $56,024 capital. ROI tracks 24.12% on current figures, and rental yield reads 9.29% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 125.96% and total cumulative return in cash sums $70,567. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,308/mo property income instead of your personal income.
Single Family
Built in 1915
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43219, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,349 (100%) |
| Owner Occupied HU | 5,102 (35.6%) |
| Renter Occupied HU | 7,814 (54.5%) |
| Vacant Housing Units | 1,433 ( 10.0%) |
| Median Home Value | $213,152 |
| Average Home Value | $247,694 |
Housing Distribution
Address Breakdown
Residential
13,061
Single Family
11,863
Multi-Family
1,198
Businesses
1,631
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Listed by: Diana Fair • The Westwood Real Estate Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022089
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.