6350 Ripken StColumbusOH43228
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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 6350 Ripken St, Columbus, OH, 43228 priced at $342,900 converts $1,818/mo rent into after a $1,678/mo obligation. Total monthly income equals $1,818/mo. Return on cash invested prints 13.29% in year one, and rental yield reads 6.36% against a $342,900 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,737 by year five. Five-year ROI reaches 68.57% and total cumulative return in cash sums $77,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,818/mo property income covering a $1,678/mo payment, not borrower’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43228, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,041 (100%) |
| Owner Occupied HU | 9,837 (37.8%) |
| Renter Occupied HU | 14,463 (55.5%) |
| Vacant Housing Units | 1,741 ( 6.7%) |
| Median Home Value | $240,944 |
| Average Home Value | $262,597 |
Housing Distribution
Address Breakdown
Residential
25,046
Single Family
22,277
Multi-Family
2,769
Businesses
1,812
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Listed by: Alan J RafiyQ • D.R. Horton Realty of Ohio, In
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015261
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.