5836 Thada LnColumbusOH43229
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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 5836 Thada Ln, Columbus, OH, 43229 priced at $151,000 converts $1,156/mo rent into after a $739/mo obligation. Total monthly income equals $1,156/mo. Return on cash invested prints 17.22% in year one, and rental yield reads 9.19% against a $151,000 entry. Equity gained on principal adds $974/yr, while 5% annual appreciation compiles into $41,719 by year five. Five-year ROI reaches 91.33% and total cumulative return in cash sums $45,716. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,156/mo property income covering a $739/mo payment, not borrower’s personal income.
Condo
Built in 1989
871.20 sqft lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43229, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,389 (100%) |
| Owner Occupied HU | 8,699 (38.9%) |
| Renter Occupied HU | 12,833 (57.3%) |
| Vacant Housing Units | 857 ( 3.8%) |
| Median Home Value | $232,426 |
| Average Home Value | $286,295 |
Housing Distribution
Address Breakdown
Residential
21,536
Single Family
18,329
Multi-Family
3,207
Businesses
1,767
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Listed by: Bryan T Savage • Savage Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224000585
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.