4692 Charecote Ln APT EColumbusOH43220
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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 4692 Charecote Ln APT E, Columbus, OH, 43220 offers $1,555/mo rent that, after a $832/mo payment, leaves $106/mo cash flow. Total monthly income is $1,555/mo, and annual cash flow is $1,270/yr on $56,353 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 10.98% at a $169,995 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,966 by year five. Five-year ROI records 117.98% and total cumulative return in cash reaches $66,488. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,555/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1969
435.60 sqft lot
$N/A/sqft
$331 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43220, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,493 (100%) |
| Owner Occupied HU | 7,004 (51.9%) |
| Renter Occupied HU | 5,843 (43.3%) |
| Vacant Housing Units | 646 ( 4.8%) |
| Median Home Value | $476,011 |
| Average Home Value | $545,551 |
Housing Distribution
Address Breakdown
Residential
13,109
Single Family
11,902
Multi-Family
1,207
Businesses
1,192
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Listed by: Doreen Mazzanti • Go Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225031688
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.