5650 Woodridge DrColumbusOH43213
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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
Rental property for sale in Columbus at 5650 Woodridge Dr, Columbus, OH, 43213 priced at $425,000 converts $3,053/mo rent into $258/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,053/mo, and annual cash flow totals $3,091/yr on $140,888 invested. Return on cash invested prints 22.1% in year one, and rental yield reads 8.62% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 115.12% and total cumulative return in cash sums $162,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,053/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43213, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,265 (100%) |
| Owner Occupied HU | 6,043 (37.2%) |
| Renter Occupied HU | 9,258 (56.9%) |
| Vacant Housing Units | 964 ( 5.9%) |
| Median Home Value | $251,914 |
| Average Home Value | $297,672 |
Housing Distribution
Address Breakdown
Residential
15,606
Single Family
13,382
Multi-Family
2,224
Businesses
1,327
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Listed by: Danielle Swann • Weichert, Realtors Triumph Group
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224035974
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.