938 20th AveColumbusOH43211
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
Investment property for sale in Columbus at 938 20th Ave, Columbus, OH, 43211 offers a 11.09% rental yield on a $177,900 purchase with $1,644/mo rent. Total monthly income registers $1,644/mo, and a $871/mo payment leaves $474/mo available for distribution. Annual cash flow reaches $5,682/yr on $58,974 to close, and return on cash invested stands at 29.54% in year one. Equity gained on principal adds $1,148/yr while 5% annual appreciation supports $49,150 over five years. Portfolio math shows five-year ROI at 155.08% and total cumulative return in cash at $91,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,644/mo property income against a $871/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43211, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,525 (100%) |
| Owner Occupied HU | 3,273 (34.4%) |
| Renter Occupied HU | 5,223 (54.8%) |
| Vacant Housing Units | 1,029 (10.8%) |
| Median Home Value | $81,790 |
| Average Home Value | $139,575 |
Housing Distribution
Address Breakdown
Residential
9,152
Single Family
9,109
Multi-Family
43
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Jane Krohn • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224042326
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.