1113 Union St, Columbus, IN, 47201 | $580/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1113 Union St, Columbus, IN, 47201 | $580/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

4 Bed
2 Bath
2574 sft

897 Eads Ln, Nashville, IN, 47448

3 Bed
1 Bath
1120 sft

594 Daugherty St, Columbus, IN, 47201

3 Bed
1 Bath
1112 sft

5044 S Vine St, Columbus, IN, 47201

3 Bed
1 Bath
1350 sft

5975 Henderson Creek Rd, Norman, IN, 47264

Nearby investment properties with comparable prices

2 Bed
2 Bath
960 sft

69 Lookout Ridge Dr, Columbus, IN, 47201

2 Bed
2 Bath
960 sft

83 Lookout Ridge Dr, Columbus, IN, 47201

3 Bed
2 Bath
1344 sft

3780 W County Road 300 N, Freetown, IN, 47235

2 Bed
1 Bath
1976 sft

4514 W State Road 58, Freetown, IN, 47235

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Columbus at 1113 Union St, Columbus, IN, 47201 uses $56,024 cash to close to unlock $6,956/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $827/mo payment keeps the spread at $580/mo. Purchase price stands at $169,000, and rental yield measures 11.32% with $1,594/mo rent. Return on cash invested shows 32.33% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 169.21% and total cumulative return in cash records $94,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $827/mo payment rather than investor’s personal income.

Single Family

Built in 1910

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Perfect & affordable starter Home, conveniently located near downtown Columbus. Inviting high ceilings and tons of natural light throughout. 3 bedrooms, 1 bath, fenced in back yard, covered front porch. Plenty of parking space and a detached 1 car garage / workshop. All appliances included. Roof & main systems only 6 years old. French drains at the front of the home & a water purification system. Immediate possession.

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