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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% |
Investment property for sale in Columbus at 4959 Old Tree Ave, Columbus, OH, 43228 listed at $249,900 pairs $1,766/mo rent with a $1,223/mo payment to leave $122/mo cash flow. Total monthly income runs $1,766/mo, and annual cash flow reaches $1,468/yr on $82,842 cash to close. Return on cash invested measures 21.68% in year one, and rental yield registers 8.48% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 112.9% and total cumulative return in cash totals $93,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,766/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
6,098 sqft 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 |
|---|---|---|
| 2025-02-14 | Listed for sale | $249,900 |
| 2024-08-01 | Sold | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2049.74 | 22.91% | $57,230 | 67.49% |
| 2022-02-16 | $1667.66 | -1.97% | $34,170 | N/A |
| 2021-02-16 | $1701.14 | 0.57% | $34,170 | N/A |
Listed by: James E Ross • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225004381
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.
