3814 Elbern AveColumbusOH43213
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
Investment Highlights
Investment property for sale in Columbus at 3814 Elbern Ave, Columbus, OH, 43213 uses $72,897 cash to close to unlock $4,174/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,076/mo payment keeps the spread at $348/mo. Purchase price stands at $219,900, and rental yield measures 9.79% with $1,794/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 134.07% and total cumulative return in cash records $97,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices