418 Townsend Ave,Columbus,OH,43223

Investment Highlights

Rental property for sale in Columbus at 418 Townsend Ave, Columbus, OH, 43223 priced at $244,900 pairs $1,843/mo rent with $232/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,843/mo, and annual cash flow comes to $2,781/yr on $81,184 invested. Return on cash invested is 23.33% in year one, and rental yield stands at 9.03% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 121.73% and total cumulative return in cash reaches $98,825. For financing, Ziffy Mortgage’s DSCR program evaluates $1,843/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.