311 Cornelius StColumbusOH43215
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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 311 Cornelius St, Columbus, OH, 43215 earns from $2,834/mo rent with a $3,411/mo payment. Total monthly income totals $2,834/mo. ROI tracks 10.9% on current figures, and rental yield reads 4.88% at a $697,000 purchase. Equity gained on principal adds $4,498/yr, and 5% annual appreciation supports $192,568 over five years. Five-year ROI reaches 55.01% and total cumulative return in cash sums $126,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,834/mo property income instead of your personal income.
Condo
Built in 2020
871.20 sqft lot
$N/A/sqft
No 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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