6 Hanford StColumbusOH43206
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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 6 Hanford St, Columbus, OH, 43206 offers a 9.5% rental yield on a $254,900 purchase with $2,019/mo rent. Total monthly income registers $2,019/mo, and a $1,248/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,103/yr on $84,499 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 129.4% and total cumulative return in cash at $109,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,019/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43206, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,423 (100%) |
| Owner Occupied HU | 5,059 (40.7%) |
| Renter Occupied HU | 5,755 (46.3%) |
| Vacant Housing Units | 1,609 (13.0%) |
| Median Home Value | $339,318 |
| Average Home Value | $377,686 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
10,528
Multi-Family
794
Businesses
537
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