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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbus at 379 E Morrill Ave, Columbus, OH, 43207 priced at $275,000 converts $1,882/mo rent into $73/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,882/mo, and annual cash flow totals $877/yr on $91,163 invested. Return on cash invested prints 20.87% in year one, and rental yield reads 8.21% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 108.57% and total cumulative return in cash sums $98,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,882/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1922
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,723 (100%) |
| Owner Occupied HU | 11,558 (55.8%) |
| Renter Occupied HU | 7,625 (36.8%) |
| Vacant Housing Units | 1,540 ( 7.4%) |
| Median Home Value | $188,105 |
| Average Home Value | $238,076 |
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kenisha Sanders • Balalovski Real Estate, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225045755
