305 S Ohio AveColumbusOH43205
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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 305 S Ohio Ave, Columbus, OH, 43205 earns from $1,860/mo rent with a $3,304/mo payment. Total monthly income totals $1,860/mo. ROI tracks 6.12% on current figures, and rental yield reads 3.31% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 29.36% and total cumulative return in cash sums $65,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Multi Family
Built in 1890
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43205, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,105 (100%) |
| Owner Occupied HU | 2,044 (28.8%) |
| Renter Occupied HU | 3,660 (51.5%) |
| Vacant Housing Units | 1,401 (19.7%) |
| Median Home Value | $356,627 |
| Average Home Value | $394,099 |
Housing Distribution
Address Breakdown
Residential
6,448
Single Family
4,971
Multi-Family
1,477
Businesses
484
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