6357 New London Dr #70ColumbusOH43231
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 6357 New London Dr #70, Columbus, OH, 43231 earns $258/mo cash flow from $1,442/mo rent with a $881/mo payment. Total monthly income totals $1,442/mo, and annual cash flow totals $3,096/yr on $59,670 capital. ROI tracks 25.1% on current figures, and rental yield reads 9.61% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 131.17% and total cumulative return in cash sums $78,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,442/mo property income instead of your personal income.
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43231, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,009 (100%) |
| Owner Occupied HU | 4,329 (48.1%) |
| Renter Occupied HU | 4,287 (47.6%) |
| Vacant Housing Units | 393 ( 4.4%) |
| Median Home Value | $271,244 |
| Average Home Value | $307,256 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,878
Multi-Family
1,016
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices