423 Stoddart AveColumbusOH43205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 423 Stoddart Ave, Columbus, OH, 43205 priced at $200,000 pairs $3,178/mo rent with $1,862/mo cash flow after a $979/mo payment. Total monthly income equals $3,178/mo, and annual cash flow comes to $22,348/yr on $66,300 invested. Return on cash invested is 53.62% in year one, and rental yield stands at 19.07% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 284.16% and total cumulative return in cash reaches $188,396. For financing, Ziffy Mortgage’s DSCR program evaluates $3,178/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43205, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,105 (100%) |
| Owner Occupied HU | 2,044 (28.8%) |
| Renter Occupied HU | 3,660 (51.5%) |
| Vacant Housing Units | 1,401 (19.7%) |
| Median Home Value | $356,627 |
| Average Home Value | $394,099 |
Housing Distribution
Address Breakdown
Residential
6,448
Single Family
4,971
Multi-Family
1,477
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosa O'Bannon • Beacon Property Mgmt & Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224029833
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.