3752 Clearwater DrColumbusOH43232
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3752 Clearwater Dr, Columbus, OH, 43232 in Columbus is a solid income-producing rental, 9.18% gross yield, $1,798/mo rent, $252/mo net cash flow on a $235,000 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $64,926 and $2,164/yr in principal reduction project a total cumulative return of $105,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 4.2% |
| Monthly Cash Flow | $252 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,798 |
| Total Monthly Debt Service | $1,452 |
| DSCR Ratio | 1.24x |
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 1963
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43232, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,030 (100%) |
| Owner Occupied HU | 7,534 (37.6%) |
| Renter Occupied HU | 11,145 (55.6%) |
| Vacant Housing Units | 1,351 ( 6.7%) |
| Median Home Value | $172,928 |
| Average Home Value | $275,631 |
Housing Distribution
Address Breakdown
Residential
19,065
Single Family
17,152
Multi-Family
1,913
Businesses
943
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 1963
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43232, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,030 (100%) |
| Owner Occupied HU | 7,534 (37.6%) |
| Renter Occupied HU | 11,145 (55.6%) |
| Vacant Housing Units | 1,351 ( 6.7%) |
| Median Home Value | $172,928 |
| Average Home Value | $275,631 |
Housing Distribution
Address Breakdown
Residential
19,065
Single Family
17,152
Multi-Family
1,913
Businesses
943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebekah Mullins • Red 1 Realty
Mls Name: KCBR
Mls ID: #20250038
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.