941 Macgregor AveColumbusOH43085
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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 941 Macgregor Ave, Columbus, OH, 43085 listed at $592,500 pairs $3,961/mo rent with a $2,900/mo payment to leave $17/mo cash flow. Total monthly income runs $3,961/mo, and annual cash flow reaches $207/yr on $194,933 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 8.02% at a $592,500 basis. Equity gained on principal adds $3,823/yr, and annual property appreciation at 5% supports $163,697 by year five. Five-year ROI tracks 104.82% and total cumulative return in cash totals $204,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,961/mo property income relative to a $2,900/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43085, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,532 (67.6%) |
| Renter Occupied HU | 3,206 (28.8%) |
| Vacant Housing Units | 405 ( 3.6%) |
| Median Home Value | $402,258 |
| Average Home Value | $434,506 |
Housing Distribution
Address Breakdown
Residential
10,684
Single Family
10,074
Multi-Family
610
Businesses
1,440
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Listed by: Kimberly S Thomas • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225010703
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.