97 E Lincoln StColumbusOH43215
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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 97 E Lincoln St, Columbus, OH, 43215 priced at $404,200 converts $1,877/mo rent into after a $1,978/mo obligation. Total monthly income equals $1,877/mo. Return on cash invested prints 9.66% in year one, and rental yield reads 5.57% against a $404,200 entry. Equity gained on principal adds $2,608/yr, while 5% annual appreciation compiles into $111,673 by year five. Five-year ROI reaches 49.58% and total cumulative return in cash sums $66,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,877/mo property income covering a $1,978/mo payment, not borrower’s personal income.
Apartment
Built in 1900
3,808 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43215, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,175 (100%) |
| Owner Occupied HU | 2,407 (12.6%) |
| Renter Occupied HU | 13,478 (70.3%) |
| Vacant Housing Units | 3,290 (17.2%) |
| Median Home Value | $532,616 |
| Average Home Value | $596,548 |
Housing Distribution
Address Breakdown
Residential
14,281
Single Family
5,540
Multi-Family
8,741
Businesses
2,921
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