61 Dakota AveColumbusOH43222
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 61 Dakota Ave, Columbus, OH, 43222 listed at $314,900 pairs $2,375/mo rent with a $1,541/mo payment to leave $304/mo cash flow. Total monthly income runs $2,375/mo, and annual cash flow reaches $3,647/yr on $104,389 cash to close. Return on cash invested measures 23.4% in year one, and rental yield registers 9.05% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 122.07% and total cumulative return in cash totals $127,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,375/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43222, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,255 (100%) |
| Owner Occupied HU | 620 (27.5%) |
| Renter Occupied HU | 1,203 (53.3%) |
| Vacant Housing Units | 432 (19.2%) |
| Median Home Value | $136,047 |
| Average Home Value | $213,230 |
Housing Distribution
Address Breakdown
Residential
1,888
Single Family
1,709
Multi-Family
179
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices