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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbus at 4815 Gilhem Ct, Columbus, OH, 43228 generates $2,141/mo in rent and, after a $1,322/mo payment, leaves $365/mo in cash flow. Total monthly income is $2,141/mo, and annual cash flow is $4,374/yr on $89,505 invested. Return on cash invested sits at 24.8% in year one, and rental yield is 9.52% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 129.58% and total cumulative return in cash sums $115,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,141/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43228, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,041 (100%) |
| Owner Occupied HU | 9,837 (37.8%) |
| Renter Occupied HU | 14,463 (55.5%) |
| Vacant Housing Units | 1,741 ( 6.7%) |
| Median Home Value | $240,944 |
| Average Home Value | $262,597 |
Residential
25,046
Single Family
22,277
Multi-Family
2,769
Businesses
1,812
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Listed for sale | $270,000 |
| 1997-02-26 | Sold | $117,410 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $2846.98 | 27.70% | $79,490 | 74.01% |
| 2022-01-11 | $2229.40 | -1.97% | $45,680 | N/A |
| 2021-01-11 | $2274.18 | 0.57% | $45,680 | N/A |
Listed by: Micah B Harr • Homes that Click Advantage LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225000448
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.
