828 Binns BlvdColumbusOH43204
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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 828 Binns Blvd, Columbus, OH, 43204 with 5% annual appreciation on a $229,000 basis while $1,647/mo rent supports operations. Total monthly income totals $1,647/mo and a $1,121/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,686/yr on $75,914 deployed, and return on cash invested reaches 22.13% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 8.63%. Five-year ROI measures 115.29% and total cumulative return in cash totals $87,521.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,647/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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