389 Alden AveColumbusOH43201
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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
Rental property for sale in Columbus at 389 Alden Ave, Columbus, OH, 43201 priced at $348,800 pairs $3,236/mo rent with $942/mo cash flow after a $1,707/mo payment. Total monthly income equals $3,236/mo, and annual cash flow comes to $11,302/yr on $115,627 invested. Return on cash invested is 29.68% in year one, and rental yield stands at 11.13% on a $348,800 basis. Equity gained on principal adds $2,251/yr, and 5% annual appreciation accumulates to $96,367 by year five. Five-year ROI measures 155.75% and total cumulative return in cash reaches $180,093. For financing, Ziffy Mortgage’s DSCR program evaluates $3,236/mo property income against a $1,707/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,534 (100%) |
| Owner Occupied HU | 2,390 (11.1%) |
| Renter Occupied HU | 16,148 (75.0%) |
| Vacant Housing Units | 2,996 (13.9%) |
| Median Home Value | $471,933 |
| Average Home Value | $467,571 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
11,190
Multi-Family
7,304
Businesses
878
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