3204 Chateau Morse CtColumbusOH43231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3204 Chateau Morse Ct, Columbus, OH, 43231 uses $34,808 cash to close to unlock $7,431/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $514/mo payment keeps the spread at $619/mo. Purchase price stands at $105,000, and rental yield measures 14.97% with $1,310/mo rent. Return on cash invested shows 41.26% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 217.92% and total cumulative return in cash records $75,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $514/mo payment rather than investor’s personal income.
Condo
Built in 1974
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43231, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,009 (100%) |
| Owner Occupied HU | 4,329 (48.1%) |
| Renter Occupied HU | 4,287 (47.6%) |
| Vacant Housing Units | 393 ( 4.4%) |
| Median Home Value | $271,244 |
| Average Home Value | $307,256 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,878
Multi-Family
1,016
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices