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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbus at 876 Lenore Ave, Columbus, OH, 43224 priced at $259,900 pairs $1,938/mo rent with $229/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,938/mo, and annual cash flow comes to $2,742/yr on $86,157 invested. Return on cash invested is 23.09% in year one, and rental yield stands at 8.95% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 120.45% and total cumulative return in cash reaches $103,774. For financing, Ziffy Mortgage’s DSCR program evaluates $1,938/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43224, Columbus, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,678 (100%) |
| Owner Occupied HU | 8,030 (43.0%) |
| Renter Occupied HU | 9,316 (49.9%) |
| Vacant Housing Units | 1,332 ( 7.1%) |
| Median Home Value | $177,329 |
| Average Home Value | $238,273 |
Residential
17,308
Single Family
15,683
Multi-Family
1,625
Businesses
867
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matthew J Long • Howard Hanna Real Estate Svcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225028835
