3084 Clermont RdColumbusOH43227
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
Investment Highlights
Rental property for sale in Columbus at 3084 Clermont Rd, Columbus, OH, 43227 priced at $130,000 converts $1,019/mo rent into $131/mo cash flow after a $636/mo obligation. Total monthly income equals $1,019/mo, and annual cash flow totals $1,576/yr on $43,095 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 9.41% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 123.39% and total cumulative return in cash sums $53,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,019/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43227, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,549 (100%) |
| Owner Occupied HU | 4,627 (43.9%) |
| Renter Occupied HU | 5,225 (49.5%) |
| Vacant Housing Units | 697 ( 6.6%) |
| Median Home Value | $135,523 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
8,198
Multi-Family
657
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Friend Foster • Realty ONE Elements
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017367
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.