51 N High St #603ColumbusOH43215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 51 N High St #603, Columbus, OH, 43215 uses $84,533 cash to close to unlock $921/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,999/mo, and a $1,248/mo payment keeps the spread at $77/mo. Purchase price stands at $255,000, and rental yield measures 9.41% with $1,999/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 110.45% and total cumulative return in cash records $93,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,999/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1916
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pat Perkins • RE/MAX Affiliates, Inc.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225036746
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.