965 Stewart AveColumbusOH43206
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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 965 Stewart Ave, Columbus, OH, 43206 uses $87,582 cash to close to unlock $1,635/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,874/mo, and a $1,293/mo payment keeps the spread at $136/mo. Purchase price stands at $264,200, and rental yield measures 8.51% with $1,874/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $72,994 over five years. Five-year ROI reaches 113.4% and total cumulative return in cash records $99,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,874/mo property income covering a $1,293/mo payment rather than investor’s personal income.
Single Family
Built in 1925
6,860 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43206, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,423 (100%) |
| Owner Occupied HU | 5,059 (40.7%) |
| Renter Occupied HU | 5,755 (46.3%) |
| Vacant Housing Units | 1,609 (13.0%) |
| Median Home Value | $339,318 |
| Average Home Value | $377,686 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
10,528
Multi-Family
794
Businesses
537
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