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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 701 S Warren Ave, Columbus, OH, 43204 offers a 9.42% rental yield on a $139,900 purchase with $1,098/mo rent. Total monthly income registers $1,098/mo, and a $685/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,957/yr on $46,377 to close, and return on cash invested stands at 24.13% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 126.2% and total cumulative return in cash at $58,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,098/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $139,900 |
| 2022-01-29 | Listing removed | N/A |
| 2022-01-21 | Listed for rent | $1,150 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-18 | $2300.34 | 33.27% | $50,830 | 56.50% |
| 2022-03-18 | $1726.08 | -0.18% | $32,480 | N/A |
| 2021-03-18 | $1729.16 | 16.38% | $32,480 | 13.73% |
Listed by: Tayler B Kohl • ROOST Real Estate Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225008045
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.
