4 Oak RdColumbusOH43217
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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 4 Oak Rd, Columbus, OH, 43217 uses $41,438 cash to close to unlock $5,623/yr annual cash flow and $469/mo monthly cash flow. Total monthly income runs $1,291/mo, and a $612/mo payment keeps the spread at $469/mo. Purchase price stands at $125,000, and rental yield measures 12.39% with $1,291/mo rent. Return on cash invested shows 33.48% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 176.14% and total cumulative return in cash records $72,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,291/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1962
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43217, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 905 (100%) |
| Owner Occupied HU | 93 (10.3%) |
| Renter Occupied HU | 653 (72.2%) |
| Vacant Housing Units | 159 (17.6%) |
| Median Home Value | $313,415 |
| Average Home Value | $327,500 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
882
Multi-Family
0
Businesses
72
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