3085 Representation Ter #213ColumbusOH43207
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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 3085 Representation Ter #213, Columbus, OH, 43207 generates $1,584/mo in rent and, after a $1,174/mo payment, leaves $6/mo in cash flow. Total monthly income is $1,584/mo, and annual cash flow is $74/yr on $79,527 invested. Return on cash invested sits at 20% in year one, and rental yield is 7.92% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 103.9% and total cumulative return in cash sums $82,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,584/mo property income rather than buyer’s personal income.
Condo
Built in 2004
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,723 (100%) |
| Owner Occupied HU | 11,558 (55.8%) |
| Renter Occupied HU | 7,625 (36.8%) |
| Vacant Housing Units | 1,540 ( 7.4%) |
| Median Home Value | $188,105 |
| Average Home Value | $238,076 |
Housing Distribution
Address Breakdown
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
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