608 S Eureka AveColumbusOH43204
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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 608 S Eureka Ave, Columbus, OH, 43204 offers $1,676/mo rent that, after a $662/mo payment, leaves $786/mo cash flow. Total monthly income is $1,676/mo, and annual cash flow is $9,437/yr on $44,819 cash. Return on cash invested measures 40.96% in year one, and rental yield stands at 14.88% at a $135,200 entry. Equity gained on principal adds $872/yr while 5% annual appreciation compounds into $37,353 by year five. Five-year ROI records 216.32% and total cumulative return in cash reaches $96,951. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,676/mo property income versus a $662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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