5926 Blue Spruce StColumbusOH43231
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 5926 Blue Spruce St, Columbus, OH, 43231 uses $108,699 cash to close to unlock $1,464/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,605/mo payment keeps the spread at $122/mo. Purchase price stands at $327,900, and rental yield measures 8.34% with $2,279/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $90,593 over five years. Five-year ROI reaches 110.62% and total cumulative return in cash records $120,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,605/mo payment rather than investor’s personal income.
Single Family
Built in 1974
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43231, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,009 (100%) |
| Owner Occupied HU | 4,329 (48.1%) |
| Renter Occupied HU | 4,287 (47.6%) |
| Vacant Housing Units | 393 ( 4.4%) |
| Median Home Value | $271,244 |
| Average Home Value | $307,256 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,878
Multi-Family
1,016
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ameed Hijazeen • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224028669
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.