407 Catherine StColumbusOH43223
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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 407 Catherine St, Columbus, OH, 43223 generates $1,333/mo in rent and, after a $685/mo payment, leaves $413/mo in cash flow. Total monthly income is $1,333/mo, and annual cash flow is $4,950/yr on $46,377 invested. Return on cash invested sits at 30.58% in year one, and rental yield is 11.43% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 160.66% and total cumulative return in cash sums $74,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,333/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: James E Ross • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224042538
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.