6360 Ripken StColumbusOH43228
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 6360 Ripken St, Columbus, OH, 43228 in Columbus is capital appreciation. Rental yield 5.87%. The 5.87% gross yield at $371,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $102,749 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.09) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $89,830.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 4.2% |
| Monthly Cash Flow | $(818) | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,818 |
| Total Monthly Debt Service | $2,488 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan M Dodderer • D.R. Horton Realty of Ohio, In
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015324
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.