329 S Terrace AveColumbusOH43204
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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 329 S Terrace Ave, Columbus, OH, 43204 with 5% annual appreciation on a $314,500 basis while $2,423/mo rent supports operations. Total monthly income totals $2,423/mo and a $1,539/mo payment preserves $355/mo for cash returns. Annual cash flow comes to $4,255/yr on $104,257 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $2,029/yr, and five-year appreciation sums $86,891 alongside rental yield of 9.25%. Five-year ROI measures 125.24% and total cumulative return in cash totals $130,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,423/mo property income versus a $1,539/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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