320 Clarendon AveColumbusOH43223
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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 320 Clarendon Ave, Columbus, OH, 43223 with 5% annual appreciation on a $139,900 basis while $1,242/mo rent supports operations. Total monthly income totals $1,242/mo and a $685/mo payment preserves $322/mo for cash returns. Annual cash flow comes to $3,858/yr on $46,377 deployed, and return on cash invested reaches 28.23% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 10.65%. Five-year ROI measures 147.99% and total cumulative return in cash totals $68,631.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,242/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: James E Ross • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224042542
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