7843 Woodhouse Ln #39CColumbusOH43085
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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 7843 Woodhouse Ln #39C, Columbus, OH, 43085 uses $67,924 cash to close to unlock $673/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $1,604/mo, and a $1,003/mo payment keeps the spread at $56/mo. Purchase price stands at $204,900, and rental yield measures 9.39% with $1,604/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 110.01% and total cumulative return in cash records $74,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,604/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: Leslie M Neal-Jenkins • The Columbus Real Estate Co.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224024402
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.