642 Ridenour RdColumbusOH43230
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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
Investment property for sale in Columbus at 642 Ridenour Rd, Columbus, OH, 43230 listed at $494,000 pairs $3,832/mo rent with a $2,418/mo payment to leave $582/mo cash flow. Total monthly income runs $3,832/mo, and annual cash flow reaches $6,989/yr on $163,761 cash to close. Return on cash invested measures 24.18% in year one, and rental yield registers 9.31% at a $494,000 basis. Equity gained on principal adds $3,188/yr, and annual property appreciation at 5% supports $136,483 by year five. Five-year ROI tracks 126.25% and total cumulative return in cash totals $206,744. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,832/mo property income relative to a $2,418/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43230, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,224 (100%) |
| Owner Occupied HU | 15,181 (57.9%) |
| Renter Occupied HU | 9,959 (38.0%) |
| Vacant Housing Units | 1,084 ( 4.1%) |
| Median Home Value | $320,982 |
| Average Home Value | $359,679 |
Housing Distribution
Address Breakdown
Residential
25,618
Single Family
22,474
Multi-Family
3,144
Businesses
1,801
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