855-857 E 4th Ave, Columbus, OH, 43201 | $754/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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855-857 E 4th Ave, Columbus, OH, 43201 | $754/mo Cash Flow | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 855-857 E 4th Ave, Columbus, OH, 43201 listed at $180,000 pairs $1,938/mo rent with a $881/mo payment to leave $754/mo cash flow. Total monthly income runs $1,938/mo, and annual cash flow reaches $9,048/yr on $59,670 cash to close. Return on cash invested measures 35.07% in year one, and rental yield registers 12.92% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 184.66% and total cumulative return in cash totals $110,189. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,938/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1922

4,488 sqft lot

$N/A/sqft

No HOA

More details about the property

Investor Special Prime Columbus Duplex Opportunity Great opportunity for investors! This income-producing duplex has been rented consistently since 2023 and offers strong potential for value-add improvements. One unit has second-floor fire damage and will require renovation, while the other unit is currently rented and will be vacated at the time of sale, giving you flexibility for rehab or new tenants. Located in a highly desirable area less than 2 miles from the Short North and Downtown Columbus, this property sits in the heart of one of the citys fastest-growing and most sought-after neighborhoods. With steady demand for rentals, the right upgrades could significantly increase cash flow and long-term value. Perfect for investors looking to rehab, hold, or flip in a prime location. Dont miss this opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 43201, Columbus, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,534 (100%)
Owner Occupied HU	2,390 (11.1%)
Renter Occupied HU	16,148 (75.0%)
Vacant Housing Units	2,996 (13.9%)
Median Home Value	$471,933
Average Home Value	$467,571