2974 Footloose DrColumbusOH43231
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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 2974 Footloose Dr, Columbus, OH, 43231 listed at $330,000 pairs $3,100/mo rent with a $1,615/mo payment to leave $930/mo cash flow. Total monthly income runs $3,100/mo, and annual cash flow reaches $11,154/yr on $109,395 cash to close. Return on cash invested measures 30.11% in year one, and rental yield registers 11.27% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 158.04% and total cumulative return in cash totals $172,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,100/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
8,712 sqft lot
$N/A/sqft
No 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: Rohit Subedi • RE/MAX Preferred Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225028708
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.