864 S Weyant AveColumbusOH43227
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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 864 S Weyant Ave, Columbus, OH, 43227 priced at $204,800 converts $1,620/mo rent into $273/mo cash flow after a $1,002/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $3,279/yr on $67,891 invested. Return on cash invested prints 24.74% in year one, and rental yield reads 9.49% against a $204,800 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation compiles into $56,582 by year five. Five-year ROI reaches 129.3% and total cumulative return in cash sums $87,783. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,002/mo payment, not borrower’s personal income.
Single Family
Built in 1954
4,791 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
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Listed by: Kamal Seidu • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224043418
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.