8975 Firethorne Dr #AIPWYGColumbia StationOH44028
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Columbia Station at 8975 Firethorne Dr #AIPWYG, Columbia Station, OH, 44028 priced at $388,900 converts $3,104/mo rent into $546/mo cash flow after a $1,903/mo obligation. Total monthly income equals $3,104/mo, and annual cash flow totals $6,556/yr on $128,920 invested. Return on cash invested prints 24.99% in year one, and rental yield reads 9.58% against a $388,900 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,446 by year five. Five-year ROI reaches 130.64% and total cumulative return in cash sums $168,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,104/mo property income covering a $1,903/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44028, Columbia Station, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,594 (87.9%) |
| Renter Occupied HU | 318 ( 7.8%) |
| Vacant Housing Units | 176 ( 4.3%) |
| Median Home Value | $369,649 |
| Average Home Value | $407,626 |
Housing Distribution
Address Breakdown
Residential
4,113
Single Family
4,113
Multi-Family
0
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A