4063 Forest Edge 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 4063 Forest Edge Dr, Columbus, OH, 43230 uses $76,212 cash to close to unlock $756/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,575/mo, and a $1,125/mo payment keeps the spread at $63/mo. Purchase price stands at $229,900, and rental yield measures 8.22% with $1,575/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 108.64% and total cumulative return in cash records $82,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,575/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3,920 sqft 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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