7602-7604 Bingham CtColumbusOH43235
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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 Columbus at 7602-7604 Bingham Ct, Columbus, OH, 43235 offers a 4.7% rental yield on a $475,000 purchase with $1,861/mo rent. 28% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 51.73% and total cumulative return in cash at $81,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,861/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43235, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,772 (100%) |
| Owner Occupied HU | 10,434 (47.9%) |
| Renter Occupied HU | 10,100 (46.4%) |
| Vacant Housing Units | 1,238 ( 5.7%) |
| Median Home Value | $375,617 |
| Average Home Value | $411,146 |
Housing Distribution
Address Breakdown
Residential
20,665
Single Family
17,001
Multi-Family
3,664
Businesses
1,318
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Listed by: Steven J Broadie • Berkshire Hathaway HS Pro Rlty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225024284
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.