8271 Carano WayColumbusOH43240
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 8271 Carano Way, Columbus, OH, 43240 in Columbus delivers $2,592/mo in gross rent and $280/mo in net monthly income at a $349,000 entry. The 8.91% yield and 1.65 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $96,422 over five years and $3,214/yr in equity from loan paydown, total projected return is $151,022.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 4.2% |
| Monthly Cash Flow | $280 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,592 |
| Total Monthly Debt Service | $2,173 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
2.01 Acres lot
$N/A/sqft
$100 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43240, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,276 (100%) |
| Owner Occupied HU | 1,018 (19.3%) |
| Renter Occupied HU | 3,724 (70.6%) |
| Vacant Housing Units | 534 (10.1%) |
| Median Home Value | $316,461 |
| Average Home Value | $383,576 |
Housing Distribution
Address Breakdown
Residential
3,565
Single Family
2,841
Multi-Family
724
Businesses
668
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
Condo
Built in 2003
2.01 Acres lot
$N/A/sqft
$100 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43240, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,276 (100%) |
| Owner Occupied HU | 1,018 (19.3%) |
| Renter Occupied HU | 3,724 (70.6%) |
| Vacant Housing Units | 534 (10.1%) |
| Median Home Value | $316,461 |
| Average Home Value | $383,576 |
Housing Distribution
Address Breakdown
Residential
3,565
Single Family
2,841
Multi-Family
724
Businesses
668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalay Simakovskay • Key Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225024013
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.