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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% |
Rental property for sale in Columbus at 532 Pamlico St, Columbus, OH, 43228 offers $1,554/mo rent that, after a $857/mo payment, leaves $202/mo cash flow. Total monthly income is $1,554/mo, and annual cash flow is $2,429/yr on $58,013 cash. Return on cash invested measures 24.1% in year one, and rental yield stands at 10.66% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 127.35% and total cumulative return in cash reaches $73,879. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,554/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
435.60 sqft lot
$N/A/sqft
$200 monthly 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 |
|---|---|---|
| 2024-09-24 | Price change | $175,000 |
| 2024-09-09 | Listed for sale | $179,900 |
| 2008-06-05 | Sold | $77,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1738.86 | 25.36% | $48,550 | 70.83% |
| 2022-10-15 | $1387.04 | -1.97% | $28,420 | N/A |
| 2021-10-15 | $1414.90 | 0.57% | $28,420 | N/A |
Listed by: Sam Cooper • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224031881
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.
