355-357 N Algonquin 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 355-357 N Algonquin Ave, Columbus, OH, 43204 listed at $224,900 pairs $1,439/mo rent with a $1,101/mo payment. Total monthly income runs $1,439/mo. Return on cash invested measures 19.26% in year one, and rental yield registers 7.68% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 99.86% and total cumulative return in cash totals $74,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,439/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1971
5,227 sqft 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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