351 Loeffler AveColumbusOH43205
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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 351 Loeffler Ave, Columbus, OH, 43205 generates $991/mo in rent, after a $1,161/mo payment. Total monthly income is $991/mo. Return on cash invested sits at 11.22% in year one, and rental yield is 5.01% on a $237,300 entry. Equity gained on principal adds $1,531/yr, while 5% annual appreciation builds toward $65,562 over five years. Five-year ROI reaches 56.8% and total cumulative return in cash sums $44,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $991/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43205, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,105 (100%) |
| Owner Occupied HU | 2,044 (28.8%) |
| Renter Occupied HU | 3,660 (51.5%) |
| Vacant Housing Units | 1,401 (19.7%) |
| Median Home Value | $356,627 |
| Average Home Value | $394,099 |
Housing Distribution
Address Breakdown
Residential
6,448
Single Family
4,971
Multi-Family
1,477
Businesses
484
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