551 S 3rd StColumbusOH43215
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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 551 S 3rd St, Columbus, OH, 43215 earns $1,432/mo cash flow from $6,534/mo rent with a $3,341/mo payment. Total monthly income totals $6,534/mo, and annual cash flow totals $17,184/yr on $224,543 capital. ROI tracks 27.71% on current figures, and rental yield reads 11.49% at a $682,500 purchase. Equity gained on principal adds $4,404/yr, and 5% annual appreciation supports $188,562 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $328,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,534/mo property income instead of your personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No 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
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