898 Binns BlvdColumbusOH43204
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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 898 Binns Blvd, Columbus, OH, 43204 priced at $129,900 pairs $1,473/mo rent with $618/mo cash flow after a $636/mo payment. Total monthly income equals $1,473/mo, and annual cash flow comes to $7,420/yr on $43,062 invested. Return on cash invested is 37.14% in year one, and rental yield stands at 13.61% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 195.84% and total cumulative return in cash reaches $84,331. For financing, Ziffy Mortgage’s DSCR program evaluates $1,473/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43204, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 8,694 (45.1%) |
| Renter Occupied HU | 8,953 (46.5%) |
| Vacant Housing Units | 1,618 ( 8.4%) |
| Median Home Value | $208,239 |
| Average Home Value | $272,286 |
Housing Distribution
Address Breakdown
Residential
18,142
Single Family
16,419
Multi-Family
1,723
Businesses
894
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