2974 Atwood TerColumbusOH43224
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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 2974 Atwood Ter, Columbus, OH, 43224 priced at $125,000 converts $1,344/mo rent into $522/mo cash flow after a $612/mo obligation. Total monthly income equals $1,344/mo, and annual cash flow totals $6,259/yr on $41,438 invested. Return on cash invested prints 35.01% in year one, and rental yield reads 12.9% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 184.4% and total cumulative return in cash sums $76,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,344/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
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