655 Providence Ave UNIT 9-655JColumbusOH43214
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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 655 Providence Ave UNIT 9-655J, Columbus, OH, 43214 listed at $248,500 pairs $1,686/mo rent with a $1,216/mo payment. Total monthly income runs $1,686/mo. Return on cash invested measures 15.13% in year one, and rental yield registers 8.14% at a $248,500 basis. Equity gained on principal adds $1,604/yr, and annual property appreciation at 5% supports $68,656 by year five. Five-year ROI tracks 79.72% and total cumulative return in cash totals $65,671. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,686/mo property income relative to a $1,216/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
435.60 sqft lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43214, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,140 (100%) |
| Owner Occupied HU | 8,030 (56.8%) |
| Renter Occupied HU | 5,358 (37.9%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $393,314 |
| Average Home Value | $430,495 |
Housing Distribution
Address Breakdown
Residential
13,899
Single Family
10,643
Multi-Family
3,256
Businesses
1,300
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Listed by: Timothy W Meacham • Meacham Real Estate Company
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225018611
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.