5353 Stonemeadow Ave #SA5353ColumbusOH43220
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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 5353 Stonemeadow Ave #SA5353, Columbus, OH, 43220 offers a 9.67% rental yield on a $193,000 purchase with $1,555/mo rent. Total monthly income registers $1,555/mo, and a $945/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $853/yr on $63,980 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $1,245/yr while 5% annual appreciation supports $53,322 over five years. Portfolio math shows five-year ROI at 112.02% and total cumulative return in cash at $71,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,555/mo property income against a $945/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43220, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,493 (100%) |
| Owner Occupied HU | 7,004 (51.9%) |
| Renter Occupied HU | 5,843 (43.3%) |
| Vacant Housing Units | 646 ( 4.8%) |
| Median Home Value | $476,011 |
| Average Home Value | $545,551 |
Housing Distribution
Address Breakdown
Residential
13,109
Single Family
11,902
Multi-Family
1,207
Businesses
1,192
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Listed by: Vicki Russell • Home Central Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225026614
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.