579 Westphal AveColumbusOH43213
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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 579 Westphal Ave, Columbus, OH, 43213 with 5% annual appreciation on a $107,899 basis while $824/mo rent supports operations. Total monthly income totals $824/mo and a $528/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,372/yr on $35,769 deployed, and return on cash invested reaches 23.75% in year one. Equity gained on principal adds $696/yr, and five-year appreciation sums $29,811 alongside rental yield of 9.16%. Five-year ROI measures 124.06% and total cumulative return in cash totals $44,376.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $824/mo property income versus a $528/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1944
5,227 sqft 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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