57 Stevens AveColumbusOH43222
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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 57 Stevens Ave, Columbus, OH, 43222 priced at $200,000 converts $1,620/mo rent into $304/mo cash flow after a $979/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $3,652/yr on $66,300 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 9.72% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 132.93% and total cumulative return in cash sums $88,136. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $979/mo payment, not borrower’s personal income.
Multi Family
Built in 1971
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43222, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,255 (100%) |
| Owner Occupied HU | 620 (27.5%) |
| Renter Occupied HU | 1,203 (53.3%) |
| Vacant Housing Units | 432 (19.2%) |
| Median Home Value | $136,047 |
| Average Home Value | $213,230 |
Housing Distribution
Address Breakdown
Residential
1,888
Single Family
1,709
Multi-Family
179
Businesses
253
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