3551 Malabar StColumbusOH43230
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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 3551 Malabar St, Columbus, OH, 43230 offers a 10.12% rental yield on a $320,000 purchase with $2,698/mo rent. Total monthly income registers $2,698/mo, and a $1,566/mo payment leaves $593/mo available for distribution. Annual cash flow reaches $7,120/yr on $106,080 to close, and return on cash invested stands at 26.62% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 139.36% and total cumulative return in cash at $147,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,698/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43230, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,224 (100%) |
| Owner Occupied HU | 15,181 (57.9%) |
| Renter Occupied HU | 9,959 (38.0%) |
| Vacant Housing Units | 1,084 ( 4.1%) |
| Median Home Value | $320,982 |
| Average Home Value | $359,679 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
22,474
Multi-Family
3,144
Businesses
1,801
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Listed by: Jenne Ross • Rich Russo Realty & Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225027358
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.