576 Pamlico StColumbusOH43228
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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 576 Pamlico St, Columbus, OH, 43228 offers a 10.65% rental yield on a $209,900 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,027/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,260/yr on $69,582 to close, and return on cash invested stands at 24.59% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 129.8% and total cumulative return in cash at $90,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
435.60 sqft lot
$N/A/sqft
$210 monthly 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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Listed by: James E Ross • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225020019
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.