287 Fenway Rd APT BColumbusOH43214
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 287 Fenway Rd APT B, Columbus, OH, 43214 generates $1,504/mo in rent and, after a $817/mo payment, leaves $406/mo in cash flow. Total monthly income is $1,504/mo, and annual cash flow is $4,871/yr on $55,361 invested. Return on cash invested sits at 28.71% in year one, and rental yield is 10.81% on a $167,000 entry. Equity gained on principal adds $1,078/yr, while 5% annual appreciation builds toward $46,139 over five years. Five-year ROI reaches 150.55% and total cumulative return in cash sums $83,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,504/mo property income rather than buyer’s personal income.
Condo
Built in 1966
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43214, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,140 (100%) |
| Owner Occupied HU | 8,030 (56.8%) |
| Renter Occupied HU | 5,358 (37.9%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $393,314 |
| Average Home Value | $430,495 |
Housing Distribution
Address Breakdown
Residential
13,899
Single Family
10,643
Multi-Family
3,256
Businesses
1,300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices