38 Ironclad DrColumbusOH43213
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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 38 Ironclad Dr, Columbus, OH, 43213 listed at $359,900 pairs $2,331/mo rent with a $1,762/mo payment. Total monthly income runs $2,331/mo. Return on cash invested measures 15.53% in year one, and rental yield registers 7.77% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 81.33% and total cumulative return in cash totals $97,034. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,331/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
2,178 sqft lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43213, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,265 (100%) |
| Owner Occupied HU | 6,043 (37.2%) |
| Renter Occupied HU | 9,258 (56.9%) |
| Vacant Housing Units | 964 ( 5.9%) |
| Median Home Value | $251,914 |
| Average Home Value | $297,672 |
Housing Distribution
Address Breakdown
Residential
15,606
Single Family
13,382
Multi-Family
2,224
Businesses
1,327
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Listed by: Steven W Cotter • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018379
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.