828 Ruby AveColumbusOH43227
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 828 Ruby Ave, Columbus, OH, 43227 in Columbus is narrow, $165/mo net on $1,019/mo rent after the $584/mo debt service, but the property operates at break-even-plus, not a loss. At $129,900 with a 9.41% yield, the long-run equity case via 5% appreciation ($35,889 over five years) and $1,196/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.74 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $60,116.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 4.2% |
| Monthly Cash Flow | $165 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,019 |
| Total Monthly Debt Service | $803 |
| DSCR Ratio | 1.27x |
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.
Single Family
Built in 1952
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43227, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,549 (100%) |
| Owner Occupied HU | 4,627 (43.9%) |
| Renter Occupied HU | 5,225 (49.5%) |
| Vacant Housing Units | 697 ( 6.6%) |
| Median Home Value | $135,523 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
8,198
Multi-Family
657
Businesses
375
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
Single Family
Built in 1952
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43227, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,549 (100%) |
| Owner Occupied HU | 4,627 (43.9%) |
| Renter Occupied HU | 5,225 (49.5%) |
| Vacant Housing Units | 697 ( 6.6%) |
| Median Home Value | $135,523 |
| Average Home Value | $208,734 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
8,198
Multi-Family
657
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices