390 E Hinman AveColumbusOH43207
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 390 E Hinman Ave, Columbus, OH, 43207 with 5% annual appreciation on a $223,200 basis while $2,006/mo rent supports operations. Total monthly income totals $2,006/mo and a $1,092/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,459/yr on $73,991 deployed, and return on cash invested reaches 28.64% in year one. Equity gained on principal adds $1,440/yr, and five-year appreciation sums $61,666 alongside rental yield of 10.78%. Five-year ROI measures 150.21% and total cumulative return in cash totals $111,140.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,006/mo property income versus a $1,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,723 (100%) |
| Owner Occupied HU | 11,558 (55.8%) |
| Renter Occupied HU | 7,625 (36.8%) |
| Vacant Housing Units | 1,540 ( 7.4%) |
| Median Home Value | $188,105 |
| Average Home Value | $238,076 |
Housing Distribution
Address Breakdown
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices