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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 3180 Reis Ave, Columbus, OH, 43224 earns $465/mo cash flow from $1,938/mo rent with a $1,096/mo payment. Total monthly income totals $1,938/mo, and annual cash flow totals $5,581/yr on $74,223 capital. ROI tracks 27.43% on current figures, and rental yield reads 10.39% at a $223,900 purchase. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,859 over five years. Five-year ROI reaches 143.74% and total cumulative return in cash sums $106,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,938/mo property income instead of your personal income.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
Date | Event | Price |
|---|---|---|
| 2024-12-07 | Price change | $223,900 |
| 2024-11-22 | Price change | $224,900 |
| 2024-11-22 | Listing removed | $1,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $2349.22 | 60.63% | $51,910 | 88.63% |
| 2022-01-11 | $1462.50 | -0.18% | $27,520 | N/A |
| 2021-01-11 | $1465.10 | -0.15% | $27,520 | N/A |
Listed by: Abigail E Swihart Valentine • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224034886
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.
