502 Catherine StColumbusOH43223
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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 502 Catherine St, Columbus, OH, 43223 uses $56,355 cash to close to unlock $2,974/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $832/mo payment keeps the spread at $248/mo. Purchase price stands at $170,000, and rental yield measures 9.64% with $1,366/mo rent. Return on cash invested shows 25.19% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 131.67% and total cumulative return in cash records $74,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1928
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Jonathan R Moore • Roby Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225014157
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