909 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
Rental property for sale in Columbus at 909 Adara Dr, Columbus, OH, 43240 priced at $374,900 pairs $2,242/mo rent with after a $1,835/mo payment. Total monthly income equals $2,242/mo. Return on cash invested is 14.08% in year one, and rental yield stands at 7.18% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 73.45% and total cumulative return in cash reaches $91,279. For financing, Ziffy Mortgage’s DSCR program evaluates $2,242/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2008
1.51 Acres lot
$N/A/sqft
$365 monthly 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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Listed by: Koteswara Bodipudi • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225009664
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.