324 Cover PlColumbusOH43235
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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 324 Cover Pl, Columbus, OH, 43235 earns $217/mo cash flow from $2,453/mo rent with a $1,664/mo payment. Total monthly income totals $2,453/mo, and annual cash flow totals $2,600/yr on $112,710 capital. ROI tracks 22.22% on current figures, and rental yield reads 8.66% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 115.74% and total cumulative return in cash sums $130,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,453/mo property income instead of your personal income.
Condo
Built in 2011
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43235, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,772 (100%) |
| Owner Occupied HU | 10,434 (47.9%) |
| Renter Occupied HU | 10,100 (46.4%) |
| Vacant Housing Units | 1,238 ( 5.7%) |
| Median Home Value | $375,617 |
| Average Home Value | $411,146 |
Housing Distribution
Address Breakdown
Residential
20,665
Single Family
17,001
Multi-Family
3,664
Businesses
1,318
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