1210 California St, Columbus, IN, 47201 | $179/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1210 California St, Columbus, IN, 47201 | $179/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 1210 California St, Columbus, IN, 47201 earns $179/mo cash flow from $1,380/mo rent with a $979/mo payment. Total monthly income totals $1,380/mo, and annual cash flow totals $2,152/yr on $66,297 capital. ROI tracks 23.16% on current figures, and rental yield reads 8.28% at a $199,990 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,254 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash sums $79,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.

Single Family

Built in 1900

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1210 California Street, a charming and versatile property located in the heart of Columbus, IN. Currently configured as a two-unit investment property, it can be easily renovated back to a single family home. Or live in one unit and rent out the other. This home offers immediate income potential with separate entrances, kitchens, and living spaces. Each unit features one bedroom, one bathroom, a full kitchen, and comfortable living areas, making it ideal for tenants or multi-generational living. The property also includes off-street parking and a generous backyard, all situated in a quiet, established neighborhood close to downtown Columbus, parks, and schools. This home presents a unique opportunity for investors or homeowners alike. For those seeking a single-family residence, the layout can be easily converted back to offer three bedrooms and two bathrooms-perfect for growing families or anyone in need of extra space for work-from-home setups, hobbies, or entertaining. Classic architectural details throughout provide character, while the flexible floor plan invites modern updates and personal touches. Whether you're looking to expand your portfolio or create your forever home, 1210 California Street is a rare find with dual-purpose appeal. Don't miss your chance to explore the possibilities-schedule your showing today!

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