3939 Karl Rd APT 111ColumbusOH43224
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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 3939 Karl Rd APT 111, Columbus, OH, 43224 earns $163/mo cash flow from $1,081/mo rent with a $538/mo payment. Total monthly income totals $1,081/mo, and annual cash flow totals $1,954/yr on $36,465 capital. ROI tracks 25.27% on current figures, and rental yield reads 11.79% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 134.43% and total cumulative return in cash sums $49,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,081/mo property income instead of your personal income.
Condo
Built in 1988
1.10 Acres lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Housing Distribution
Address Breakdown
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
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Listed by: Bobbi E Evans • Keller Williams Capital Ptnrs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224035542
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.