72 S Oakley AveColumbusOH43204
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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 72 S Oakley Ave, Columbus, OH, 43204 generates $1,153/mo in rent and, after a $710/mo payment, leaves $199/mo in cash flow. Total monthly income is $1,153/mo, and annual cash flow is $2,387/yr on $48,068 invested. Return on cash invested sits at 24.87% in year one, and rental yield is 9.54% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 129.96% and total cumulative return in cash sums $62,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,153/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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Listed by: Denise Friend Foster • Realty ONE Elements
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225023369
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.