852 Neil AveColumbusOH43215
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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
Rental property for sale in Columbus at 852 Neil Ave, Columbus, OH, 43215 generates $8,754/mo in rent and, after a $3,891/mo payment, leaves $3,525/mo in cash flow. Total monthly income is $8,754/mo, and annual cash flow is $42,299/yr on $261,522 invested. Return on cash invested sits at 36.23% in year one, and rental yield is 13.22% on a $794,900 entry. Equity gained on principal adds $5,129/yr, while 5% annual appreciation builds toward $219,616 over five years. Five-year ROI reaches 190.86% and total cumulative return in cash sums $499,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
6,534 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
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Listed by: Lacey D Wheeler • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224034190
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.