5296 Butternut Ct EColumbusOH43229
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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
Rental property for sale in Columbus at 5296 Butternut Ct E, Columbus, OH, 43229 priced at $299,000 converts $2,036/mo rent into $70/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,036/mo, and annual cash flow totals $836/yr on $99,119 invested. Return on cash invested prints 20.75% in year one, and rental yield reads 8.17% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 107.87% and total cumulative return in cash sums $106,918. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,036/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,536
Single Family
18,329
Multi-Family
3,207
Businesses
1,767
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