873 Soramill Ln #4BColumbusOH43085
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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
Investment property for sale in Columbus at 873 Soramill Ln #4B, Columbus, OH, 43085 listed at $214,999 pairs $1,604/mo rent with a $1,052/mo payment. Total monthly income runs $1,604/mo. Return on cash invested measures 19.41% in year one, and rental yield registers 8.95% at a $214,999 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,400 by year five. Five-year ROI tracks 102.05% and total cumulative return in cash totals $72,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,604/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: Sahar M Shalash • LRG Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225028977
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