751 N 6th St UNIT 302ColumbusOH43215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 751 N 6th St UNIT 302, Columbus, OH, 43215 earns $63/mo cash flow from $2,302/mo rent with a $1,478/mo payment. Total monthly income totals $2,302/mo, and annual cash flow totals $752/yr on $100,113 capital. ROI tracks 20.66% on current figures, and rental yield reads 9.15% at a $302,000 purchase. Equity gained on principal adds $1,949/yr, and 5% annual appreciation supports $83,437 over five years. Five-year ROI reaches 108.49% and total cumulative return in cash sums $108,616. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,302/mo property income instead of your personal income.
Condo
Built in 2019
0.44 Acres lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margaret Lipp • RE/MAX Premier Choice
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224029126
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.