3585 Delamere AveColumbusOH43220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.16% yield at 3585 Delamere Ave, Columbus, OH, 43220 in Columbus is solid, but the $1,742/mo payment compresses net cash flow to $85/mo at $387,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $107,059 by year five, and $3,569/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $153,105.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.2% |
| Monthly Cash Flow | $85 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,634 |
| Total Monthly Debt Service | $2,395 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43220, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,493 (100%) |
| Owner Occupied HU | 7,004 (51.9%) |
| Renter Occupied HU | 5,843 (43.3%) |
| Vacant Housing Units | 646 ( 4.8%) |
| Median Home Value | $476,011 |
| Average Home Value | $545,551 |
Housing Distribution
Address Breakdown
Residential
13,109
Single Family
11,902
Multi-Family
1,207
Businesses
1,192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43220, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,493 (100%) |
| Owner Occupied HU | 7,004 (51.9%) |
| Renter Occupied HU | 5,843 (43.3%) |
| Vacant Housing Units | 646 ( 4.8%) |
| Median Home Value | $476,011 |
| Average Home Value | $545,551 |
Housing Distribution
Address Breakdown
Residential
13,109
Single Family
11,902
Multi-Family
1,207
Businesses
1,192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices