5348 Portland St #47ColumbusOH43235
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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 5348 Portland St #47, Columbus, OH, 43235 uses $62,322 cash to close to unlock $5,154/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $920/mo payment keeps the spread at $430/mo. Purchase price stands at $188,000, and rental yield measures 11.72% with $1,836/mo rent. Return on cash invested shows 28.18% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 148.93% and total cumulative return in cash records $92,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $920/mo payment rather than investor’s personal income.
Condo
Built in 1978
435.60 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43235, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,772 (100%) |
| Owner Occupied HU | 10,434 (47.9%) |
| Renter Occupied HU | 10,100 (46.4%) |
| Vacant Housing Units | 1,238 ( 5.7%) |
| Median Home Value | $375,617 |
| Average Home Value | $411,146 |
Housing Distribution
Address Breakdown
Residential
20,665
Single Family
17,001
Multi-Family
3,664
Businesses
1,318
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Listed by: Ajay Kumar • Coldwell Banker Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225004082
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.