5536 WaldwickColumbusOH43228
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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 5536 Waldwick, Columbus, OH, 43228 earns $162/mo cash flow from $1,839/mo rent with a $1,248/mo payment. Total monthly income totals $1,839/mo, and annual cash flow totals $1,941/yr on $84,533 capital. ROI tracks 22.21% on current figures, and rental yield reads 8.65% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 115.66% and total cumulative return in cash sums $97,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,839/mo property income instead of your personal income.
Condo
Built in 2003
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43228, Columbus, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,046
Single Family
22,277
Multi-Family
2,769
Businesses
1,812
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