351 S Columbia AveBexleyOH43209
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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 Bexley at 351 S Columbia Ave, Bexley, OH, 43209 priced at $1,875,000 pairs $2,640/mo rent with after a $9,177/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 1.22% in year one, and rental yield stands at 1.69% on a $1,875,000 basis. Equity gained on principal adds $12,099/yr, and 5% annual appreciation accumulates to $518,028 by year five. Five-year ROI measures 3.06% and total cumulative return in cash reaches $18,566. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $9,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43209, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,799 (100%) |
| Owner Occupied HU | 6,760 (52.8%) |
| Renter Occupied HU | 5,116 (40.0%) |
| Vacant Housing Units | 923 ( 7.2%) |
| Median Home Value | $417,341 |
| Average Home Value | $492,724 |
Housing Distribution
Address Breakdown
Residential
12,028
Single Family
10,198
Multi-Family
1,830
Businesses
783
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