3261 Abingdon DrColumbusOH43224
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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
Rental property for sale in Columbus at 3261 Abingdon Dr, Columbus, OH, 43224 generates $2,680/mo in rent and, after a $1,561/mo payment, leaves $582/mo in cash flow. Total monthly income is $2,680/mo, and annual cash flow is $6,984/yr on $105,749 invested. Return on cash invested sits at 26.51% in year one, and rental yield is 10.08% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash sums $146,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
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Listed by: Jennifer L Wernert • Advocate Real Estate, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225033148
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.