3816 Wade RdColumbusOH43232
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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 3816 Wade Rd, Columbus, OH, 43232 uses $51,383 cash to close to unlock $2,365/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,217/mo, and a $759/mo payment keeps the spread at $197/mo. Purchase price stands at $155,000, and rental yield measures 9.42% with $1,217/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash records $65,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,217/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,405 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
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