8271 Carano WayColumbusOH43240
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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 8271 Carano Way, Columbus, OH, 43240 uses $115,694 cash to close to unlock $3,358/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $2,592/mo, and a $1,708/mo payment keeps the spread at $280/mo. Purchase price stands at $349,000, and rental yield measures 8.91% with $2,592/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 118.98% and total cumulative return in cash records $137,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,592/mo property income covering a $1,708/mo payment rather than investor’s personal income.
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
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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.