597 Piney Glen DrColumbusOH43230
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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 597 Piney Glen Dr, Columbus, OH, 43230 with 5% annual appreciation on a $317,000 basis while $2,536/mo rent supports operations. Total monthly income totals $2,536/mo and a $1,552/mo payment preserves $450/mo for cash returns. Annual cash flow comes to $5,405/yr on $105,086 deployed, and return on cash invested reaches 25.05% in year one. Equity gained on principal adds $2,046/yr, and five-year appreciation sums $87,581 alongside rental yield of 9.6%. Five-year ROI measures 130.96% and total cumulative return in cash totals $137,625.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,536/mo property income versus a $1,552/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43230, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,224 (100%) |
| Owner Occupied HU | 15,181 (57.9%) |
| Renter Occupied HU | 9,959 (38.0%) |
| Vacant Housing Units | 1,084 ( 4.1%) |
| Median Home Value | $320,982 |
| Average Home Value | $359,679 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
22,474
Multi-Family
3,144
Businesses
1,801
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