1380 E Cider Mill RdColumbia CityIN46725
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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 Columbia City at 1380 E Cider Mill Rd, Columbia City, IN, 46725 earns $741/mo cash flow from $4,315/mo rent with a $2,914/mo payment. Total monthly income totals $4,315/mo, and annual cash flow totals $8,895/yr on $195,854 capital. ROI tracks 24.6% on current figures, and rental yield reads 8.7% at a $595,300 purchase. Equity gained on principal adds $3,841/yr, and 5% annual appreciation supports $164,470 over five years. Five-year ROI reaches 127.74% and total cumulative return in cash sums $250,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,315/mo property income instead of your personal income.
Single Family
Built in 1979
7.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46725, Columbia City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,000 (100%) |
| Owner Occupied HU | 8,209 (74.6%) |
| Renter Occupied HU | 2,037 (18.5%) |
| Vacant Housing Units | 754 ( 6.9%) |
| Median Home Value | $235,679 |
| Average Home Value | $280,163 |
Housing Distribution
Address Breakdown
Residential
10,474
Single Family
10,069
Multi-Family
405
Businesses
694
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Listed by: N/A • N/A
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