581 E Walnut StColumbusOH43215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 581 E Walnut St, Columbus, OH, 43215 with 5% annual appreciation on a $564,900 basis while $3,934/mo rent supports operations. Total monthly income totals $3,934/mo and a $2,765/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,617/yr on $185,852 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $3,645/yr, and five-year appreciation sums $156,071 alongside rental yield of 8.36%. Five-year ROI measures 111.71% and total cumulative return in cash totals $207,608.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,934/mo property income versus a $2,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices