5511 Parkshire DrColumbusOH43229
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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 5511 Parkshire Dr, Columbus, OH, 43229 listed at $195,000 pairs $1,495/mo rent with a $954/mo payment to leave $213/mo cash flow. Total monthly income runs $1,495/mo, and annual cash flow reaches $2,553/yr on $64,643 cash to close. Return on cash invested measures 23.86% in year one, and rental yield registers 9.2% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 124.54% and total cumulative return in cash totals $80,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,495/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
1,306 sqft 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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