1103 8th StColumbusIN47201
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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 1103 8th St, Columbus, IN, 47201 generates $1,429/mo in rent and, after a $726/mo payment, leaves $539/mo in cash flow. Total monthly income is $1,429/mo, and annual cash flow is $6,462/yr on $49,195 invested. Return on cash invested sits at 33.05% in year one, and rental yield is 11.56% on a $148,400 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,000 over five years. Five-year ROI reaches 173.08% and total cumulative return in cash sums $85,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,429/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
5,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47201, Columbus, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,886 (100%) |
| Owner Occupied HU | 12,483 (59.8%) |
| Renter Occupied HU | 6,801 (32.6%) |
| Vacant Housing Units | 1,602 ( 7.7%) |
| Median Home Value | $258,047 |
| Average Home Value | $310,103 |
Housing Distribution
Address Breakdown
Residential
20,141
Single Family
19,109
Multi-Family
1,032
Businesses
1,506
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