6921 Spruce Pine DrColumbusOH43235
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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 6921 Spruce Pine Dr, Columbus, OH, 43235 offers a 8.28% rental yield on a $379,774 purchase with $2,621/mo rent. Total monthly income registers $2,621/mo, and a $1,859/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,473/yr on $125,895 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,925 over five years. Portfolio math shows five-year ROI at 109.64% and total cumulative return in cash at $138,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,621/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43235, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,772 (100%) |
| Owner Occupied HU | 10,434 (47.9%) |
| Renter Occupied HU | 10,100 (46.4%) |
| Vacant Housing Units | 1,238 ( 5.7%) |
| Median Home Value | $375,617 |
| Average Home Value | $411,146 |
Housing Distribution
Address Breakdown
Residential
20,665
Single Family
17,001
Multi-Family
3,664
Businesses
1,318
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