903 Adara DrColumbusOH43240
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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 903 Adara Dr, Columbus, OH, 43240 uses $124,710 cash to close to unlock $8,140/yr annual cash flow and $678/mo monthly cash flow. Total monthly income runs $3,188/mo, and a $1,841/mo payment keeps the spread at $678/mo. Purchase price stands at $376,200, and rental yield measures 10.17% with $3,188/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $103,937 over five years. Five-year ROI reaches 138.5% and total cumulative return in cash records $172,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,188/mo property income covering a $1,841/mo payment rather than investor’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43240, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,276 (100%) |
| Owner Occupied HU | 1,018 (19.3%) |
| Renter Occupied HU | 3,724 (70.6%) |
| Vacant Housing Units | 534 (10.1%) |
| Median Home Value | $316,461 |
| Average Home Value | $383,576 |
Housing Distribution
Address Breakdown
Residential
3,565
Single Family
2,841
Multi-Family
724
Businesses
668
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