3660 Watt RdColumbusOH43230
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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 3660 Watt Rd, Columbus, OH, 43230 uses $84,499 cash to close to unlock $10,415/yr annual cash flow and $868/mo monthly cash flow. Total monthly income runs $2,572/mo, and a $1,248/mo payment keeps the spread at $868/mo. Purchase price stands at $254,900, and rental yield measures 12.11% with $2,572/mo rent. Return on cash invested shows 32.23% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 169.58% and total cumulative return in cash records $143,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,572/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.45 Acres 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: Tracy A Johnson • Cutler Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225025148
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.