508 Townsend AveColumbusOH43223
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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 508 Townsend Ave, Columbus, OH, 43223 at $145,000 posts ROI 36.41% with $661/mo cash flow from $1,615/mo rent. Total monthly income equals $1,615/mo, and annual cash flow records $7,931/yr on $48,068 to close. Return on cash invested measures 36.41% and rental yield reads 13.37% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 191.85% and total cumulative return in cash totals $92,216.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,615/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Jacob V Fisk • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225017094
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.