2882 Kool Air WayColumbusOH43231
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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
Rental property for sale in Columbus at 2882 Kool Air Way, Columbus, OH, 43231 priced at $444,900 pairs $3,099/mo rent with $122/mo cash flow after a $2,178/mo payment. Total monthly income equals $3,099/mo, and annual cash flow comes to $1,465/yr on $147,484 invested. Return on cash invested is 20.9% in year one, and rental yield stands at 8.36% on a $444,900 basis. Equity gained on principal adds $2,871/yr, and 5% annual appreciation accumulates to $122,918 by year five. Five-year ROI measures 108.85% and total cumulative return in cash reaches $160,537. For financing, Ziffy Mortgage’s DSCR program evaluates $3,099/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
$600 annually 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
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Listed by: Jennifer A Valentine • ValEquity Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225013665
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.