2887 E 6th AveColumbusOH43219
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 2887 E 6th Ave, Columbus, OH, 43219 in Columbus: $1,162/mo in rent, $258/mo in net income, 10.14% gross yield, 1.88 DSCR, all at $137,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $37,989 in appreciation and $1,266/yr in principal paydown projects total cumulative return of $68,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 4.2% |
| Monthly Cash Flow | $258 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,162 |
| Total Monthly Debt Service | $850 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
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
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
Single Family
Built in 1951
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristopher W Shannon • Fiv Realty Co Ohio LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225011497
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.