70 E Longview AveColumbusOH43202
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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
Rental property for sale in Columbus at 70 E Longview Ave, Columbus, OH, 43202 offers $2,852/mo rent that, after a $2,104/mo payment, leaves $24/mo cash flow. Total monthly income is $2,852/mo, and annual cash flow is $292/yr on $142,512 cash. Return on cash invested measures 20.11% in year one, and rental yield stands at 7.96% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 104.47% and total cumulative return in cash reaches $148,879. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,852/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43202, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,071 (100%) |
| Owner Occupied HU | 3,001 (27.1%) |
| Renter Occupied HU | 7,341 (66.3%) |
| Vacant Housing Units | 729 ( 6.6%) |
| Median Home Value | $352,514 |
| Average Home Value | $373,580 |
Housing Distribution
Address Breakdown
Residential
10,496
Single Family
7,020
Multi-Family
3,476
Businesses
476
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Listed by: Elizabeth L Hutchison • RE/MAX Achievers
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225015485
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.