990 Cape Charles DrColumbusOH43228
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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 990 Cape Charles Dr, Columbus, OH, 43228 earns $251/mo cash flow from $2,540/mo rent with a $1,703/mo payment. Total monthly income totals $2,540/mo, and annual cash flow totals $3,014/yr on $115,362 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.76% at a $348,000 purchase. Equity gained on principal adds $2,246/yr, and 5% annual appreciation supports $96,146 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash sums $135,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,540/mo property income instead of your personal income.
Single Family
Built in 1995
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43228, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,041 (100%) |
| Owner Occupied HU | 9,837 (37.8%) |
| Renter Occupied HU | 14,463 (55.5%) |
| Vacant Housing Units | 1,741 ( 6.7%) |
| Median Home Value | $240,944 |
| Average Home Value | $262,597 |
Housing Distribution
Address Breakdown
Residential
25,046
Single Family
22,277
Multi-Family
2,769
Businesses
1,812
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Listed by: Lisa D. Yates • BHHS Metro & Fields Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1036888
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.