3175 Tremont Rd #504ColumbusOH43221
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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 3175 Tremont Rd #504, Columbus, OH, 43221 earns from $2,414/mo rent with a $3,010/mo payment. Total monthly income totals $2,414/mo. ROI tracks 10.39% on current figures, and rental yield reads 4.71% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 52.25% and total cumulative return in cash sums $105,713. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,414/mo property income instead of your personal income.
Condo
Built in 2011
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43221, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,965 (100%) |
| Owner Occupied HU | 10,009 (66.9%) |
| Renter Occupied HU | 4,110 (27.5%) |
| Vacant Housing Units | 846 ( 5.7%) |
| Median Home Value | $466,238 |
| Average Home Value | $541,856 |
Housing Distribution
Address Breakdown
Residential
14,875
Single Family
14,071
Multi-Family
804
Businesses
773
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