300 W Spring St UNIT 701ColumbusOH43215
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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 300 W Spring St UNIT 701, Columbus, OH, 43215 earns from $3,805/mo rent with a $3,353/mo payment. Total monthly income totals $3,805/mo. ROI tracks 9.69% on current figures, and rental yield reads 6.67% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 50.94% and total cumulative return in cash sums $114,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,805/mo property income instead of your personal income.
Condo
Built in 2007
0.96 Acres lot
$N/A/sqft
$1,205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
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Listed by: Michael A Casey • RE/MAX Connection
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225014039
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.