4827 Glendon Rd, Columbus, OH, 43229 | 6.95% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4827 Glendon Rd, Columbus, OH, 43229 | 6.95% Rental Yield | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 4827 Glendon Rd, Columbus, OH, 43229 offers a 6.95% rental yield on a $335,000 purchase with $1,940/mo rent. 06% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 88.1% and total cumulative return in cash at $97,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,940/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated home has been thoughtfully renovated from top to bottom with a focus on functionality, quality finishes, and modern design. Recent improvements include a fully updated eat-in kitchen with new cabinetry, wood countertops, stainless chef's sink, stainless appliances, and modern lighting. Both full baths have been remodeled with new fixtures, vanities, tile, and finishes, creating clean, refreshed spaces. Throughout the home, you'll find updated flooring, refinished hardwoods, fresh paint, new trim, doors, hardware, and lighting. Electrical components and fixtures have been updated, and the layout has been improved to suit comfortable, modern living. The finished basement adds flexible living spaceideal for a second living area, home office, workout space, or guest setup. Outside features include a fenced-in backyard with a spacious storage shed, a covered patio, a single-car garage, and washer/dryer hookups. Located in a quiet neighborhood close to schools, shopping, and restaurants, this home is truly move-in ready. Note: The Finished Lower Level adds 568 square footage. Franklin County Auditor's website has not yet been updated to reflect recent improvements. Buyers are encouraged to verify square footage independently. Paper work pending to record additional square feet for a total of 1,768.

Neighborhood Data

Neighborhood data shown for ZIP Code: 43229, Columbus, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,389 (100%)
Owner Occupied HU	8,699 (38.9%)
Renter Occupied HU	12,833 (57.3%)
Vacant Housing Units	857 ( 3.8%)
Median Home Value	$232,426
Average Home Value	$286,295