4784 Nieles Edge DrColumbusOH43232
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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
Investment property for sale in Columbus at 4784 Nieles Edge Dr, Columbus, OH, 43232 listed at $308,000 pairs $2,230/mo rent with a $1,508/mo payment to leave $204/mo cash flow. Total monthly income runs $2,230/mo, and annual cash flow reaches $2,442/yr on $102,102 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 8.69% at a $308,000 basis. Equity gained on principal adds $1,987/yr, and annual property appreciation at 5% supports $85,095 by year five. Five-year ROI tracks 116.19% and total cumulative return in cash totals $118,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,230/mo property income relative to a $1,508/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43232, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,030 (100%) |
| Owner Occupied HU | 7,534 (37.6%) |
| Renter Occupied HU | 11,145 (55.6%) |
| Vacant Housing Units | 1,351 ( 6.7%) |
| Median Home Value | $172,928 |
| Average Home Value | $275,631 |
Housing Distribution
Address Breakdown
Residential
19,065
Single Family
17,152
Multi-Family
1,913
Businesses
943
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