7341 Columbus RdPataskalaOH43062
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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 Pataskala at 7341 Columbus Rd, Pataskala, OH, 43062 offers a 13.42% rental yield on a $290,000 purchase with $3,242/mo rent. Total monthly income registers $3,242/mo, and a $1,419/mo payment leaves $1,254/mo available for distribution. Annual cash flow reaches $15,047/yr on $96,135 to close, and return on cash invested stands at 35.56% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 187.63% and total cumulative return in cash at $180,376. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,242/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1987
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43062, Pataskala, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 10,297 (80.1%) |
| Renter Occupied HU | 2,087 (16.2%) |
| Vacant Housing Units | 471 ( 3.7%) |
| Median Home Value | $333,809 |
| Average Home Value | $407,975 |
Housing Distribution
Address Breakdown
Residential
12,714
Single Family
12,515
Multi-Family
199
Businesses
608
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