Tallmadge Townhome (Mid Unit) Plan, Villas at Renner ParkColumbusOH43228
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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 Tallmadge Townhome (Mid Unit) Plan, Villas at Renner Park, Columbus, OH, 43228 priced at $356,990 converts $1,818/mo rent into after a $1,747/mo obligation. Total monthly income equals $1,818/mo. Return on cash invested prints 14.54% in year one, and rental yield reads 6.11% against a $356,990 entry. Equity gained on principal adds $2,304/yr, while 5% annual appreciation compiles into $98,630 by year five. Five-year ROI reaches 74.57% and total cumulative return in cash sums $88,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,818/mo property income covering a $1,747/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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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