409 Fenway RdColumbusOH43214
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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 409 Fenway Rd, Columbus, OH, 43214 offers $2,052/mo rent that, after a $1,605/mo payment. Total monthly income is $2,052/mo. Return on cash invested measures 18.75% in year one, and rental yield stands at 7.51% at a $328,000 entry. Equity gained on principal adds $2,117/yr while 5% annual appreciation compounds into $90,620 by year five. Five-year ROI records 97.13% and total cumulative return in cash reaches $105,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,052/mo property income versus a $1,605/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1978
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43214, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,140 (100%) |
| Owner Occupied HU | 8,030 (56.8%) |
| Renter Occupied HU | 5,358 (37.9%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $393,314 |
| Average Home Value | $430,495 |
Housing Distribution
Address Breakdown
Residential
13,899
Single Family
10,643
Multi-Family
3,256
Businesses
1,300
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