4820 Pennfair St UNIT AColumbusOH43214
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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 4820 Pennfair St UNIT A, Columbus, OH, 43214 offers a 11.14% rental yield on a $209,999 purchase with $1,950/mo rent. Total monthly income registers $1,950/mo, and a $1,028/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,142/yr on $69,615 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 122.32% and total cumulative return in cash at $85,155. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,950/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
435.60 sqft lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43214, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,140 (100%) |
| Owner Occupied HU | 8,030 (56.8%) |
| Renter Occupied HU | 5,358 (37.9%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $393,314 |
| Average Home Value | $430,495 |
Housing Distribution
Address Breakdown
Residential
13,899
Single Family
10,643
Multi-Family
3,256
Businesses
1,300
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Listed by: Tyler Fickel • AO Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225027263
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.