788 Old Woods RdColumbusOH43235
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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 788 Old Woods Rd, Columbus, OH, 43235 priced at $699,900 converts $5,024/mo rent into $420/mo cash flow after a $3,426/mo obligation. Total monthly income equals $5,024/mo, and annual cash flow totals $5,038/yr on $230,267 invested. Return on cash invested prints 22.25% in year one, and rental yield reads 8.61% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 115.86% and total cumulative return in cash sums $266,792. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,024/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.78 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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