568 Glendora RdColumbusOH43207
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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 568 Glendora Rd, Columbus, OH, 43207 uses $62,952 cash to close to unlock $2,464/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,454/mo, and a $929/mo payment keeps the spread at $205/mo. Purchase price stands at $189,900, and rental yield measures 9.19% with $1,454/mo rent. Return on cash invested shows 23.82% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash records $78,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,454/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1963
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43207, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,723 (100%) |
| Owner Occupied HU | 11,558 (55.8%) |
| Renter Occupied HU | 7,625 (36.8%) |
| Vacant Housing Units | 1,540 ( 7.4%) |
| Median Home Value | $188,105 |
| Average Home Value | $238,076 |
Housing Distribution
Address Breakdown
Residential
20,050
Single Family
18,258
Multi-Family
1,792
Businesses
1,238
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