3101 Lewis RdColumbusOH43207
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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 3101 Lewis Rd, Columbus, OH, 43207 generates $2,568/mo in rent and, after a $1,272/mo payment, leaves $859/mo in cash flow. Total monthly income is $2,568/mo, and annual cash flow is $10,302/yr on $86,157 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 11.86% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 167.5% and total cumulative return in cash sums $144,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,568/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.25 Acres 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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Listed by: K. Emily Manley • e-Merge Real Estate Unlimited
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225021440
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.