384 Forestwood DrColumbusOH43230
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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 384 Forestwood Dr, Columbus, OH, 43230 with 5% annual appreciation on a $324,000 basis while $2,754/mo rent supports operations. Total monthly income totals $2,754/mo and a $1,586/mo payment preserves $570/mo for cash returns. Annual cash flow comes to $6,836/yr on $107,406 deployed, and return on cash invested reaches 26.27% in year one. Equity gained on principal adds $2,091/yr, and five-year appreciation sums $89,515 alongside rental yield of 10.2%. Five-year ROI measures 137.69% and total cumulative return in cash totals $147,887.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,754/mo property income versus a $1,586/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43230, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,224 (100%) |
| Owner Occupied HU | 15,181 (57.9%) |
| Renter Occupied HU | 9,959 (38.0%) |
| Vacant Housing Units | 1,084 ( 4.1%) |
| Median Home Value | $320,982 |
| Average Home Value | $359,679 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
22,474
Multi-Family
3,144
Businesses
1,801
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Listed by: Kim Christensen • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224036680
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.