5993 Naughten Ridge CtColumbusOH43213
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 5993 Naughten Ridge Ct, Columbus, OH, 43213 in Columbus is the 1.63 coverage ratio: rent of $1,832/mo versus a $1,124/mo debt payment on a $249,900 property. Rental yield 8.8%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $69,043 by year five, with $2,302/yr in equity from paydown. Total projected cumulative return: $79,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 4.2% |
| Monthly Cash Flow | $(279) | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,832 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2000
2,178 sqft lot
$N/A/sqft
$467 monthly 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
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
Condo
Built in 2000
2,178 sqft lot
$N/A/sqft
$467 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald E Shaffer • Howard HannaRealEstateServices
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225014360
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.