2866 Landon DrColumbusOH43209
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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 2866 Landon Dr, Columbus, OH, 43209 uses $72,897 cash to close to unlock $1,474/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $1,569/mo, and a $1,076/mo payment keeps the spread at $123/mo. Purchase price stands at $219,900, and rental yield measures 8.56% with $1,569/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 114.2% and total cumulative return in cash records $83,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,569/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43209, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,799 (100%) |
| Owner Occupied HU | 6,760 (52.8%) |
| Renter Occupied HU | 5,116 (40.0%) |
| Vacant Housing Units | 923 ( 7.2%) |
| Median Home Value | $417,341 |
| Average Home Value | $492,724 |
Housing Distribution
Address Breakdown
Residential
12,028
Single Family
10,198
Multi-Family
1,830
Businesses
783
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Listed by: Ryan J Ruehle • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225033424
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.