655 Stewart AveColumbusOH43206
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
Rental property for sale in Columbus at 655 Stewart Ave, Columbus, OH, 43206 priced at $314,900 converts $2,544/mo rent into $473/mo cash flow after a $1,541/mo obligation. Total monthly income equals $2,544/mo, and annual cash flow totals $5,675/yr on $104,389 invested. Return on cash invested prints 25.35% in year one, and rental yield reads 9.69% against a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation compiles into $87,001 by year five. Five-year ROI reaches 132.49% and total cumulative return in cash sums $138,310. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,544/mo property income covering a $1,541/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43206, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,423 (100%) |
| Owner Occupied HU | 5,059 (40.7%) |
| Renter Occupied HU | 5,755 (46.3%) |
| Vacant Housing Units | 1,609 (13.0%) |
| Median Home Value | $339,318 |
| Average Home Value | $377,686 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
10,528
Multi-Family
794
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy M Woodford • Woodford Contemporary
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224040079
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.