83 S Grubb StColumbusOH43215
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
Investment Highlights
Investment property for sale in Columbus at 83 S Grubb St, Columbus, OH, 43215 with 5% annual appreciation on a $180,000 basis while $2,015/mo rent supports operations. Total monthly income totals $2,015/mo and a $881/mo payment preserves $831/mo for cash returns. Annual cash flow comes to $9,972/yr on $59,670 deployed, and return on cash invested reaches 36.62% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 13.43%. Five-year ROI measures 192.97% and total cumulative return in cash totals $115,145.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,015/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Groza Yoko • The Brokerage House
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225035247
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.