8975 Firethorne Dr #T8MODColumbia StationOH44028
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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 Columbia Station at 8975 Firethorne Dr #T8MOD, Columbia Station, OH, 44028 generates $3,410/mo in rent and, after a $2,141/mo payment, leaves $533/mo in cash flow. Total monthly income is $3,410/mo, and annual cash flow is $6,390/yr on $145,031 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 9.35% on a $437,500 entry. Equity gained on principal adds $2,823/yr, while 5% annual appreciation builds toward $120,873 over five years. Five-year ROI reaches 126.99% and total cumulative return in cash sums $184,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,410/mo property income rather than buyer’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
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Listed by: N/A • N/A
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