554 Loveman AveColumbusOH43085
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 554 Loveman Ave, Columbus, OH, 43085 in Columbus, $344,444, 8.57% gross yield, $69/mo net income. Consider it a market-entry position, the $2,460/mo rent covers the $1,549/mo payment with a margin, and 5%/yr appreciation is projected to add $95,164 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.59) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $136,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.2% |
| Monthly Cash Flow | $69 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,460 |
| Total Monthly Debt Service | $2,254 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1942
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1942
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David J Weissman • Keller Williams Greater Cols
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007880
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.