8278 Mira StColumbusOH43240
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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 8278 Mira St, Columbus, OH, 43240 earns $279/mo cash flow from $2,581/mo rent with a $1,713/mo payment. Total monthly income totals $2,581/mo, and annual cash flow totals $3,348/yr on $115,992 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.85% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 118.82% and total cumulative return in cash sums $137,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,581/mo property income instead of your personal income.
Condo
Built in 2004
0.32 Acres lot
$N/A/sqft
No 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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