152 N Westchester DrColumbia 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
Rental property for sale in Columbia City at 152 N Westchester Dr, Columbia City, IN, 46725 priced at $268,900 converts $2,327/mo rent into $659/mo cash flow after a $1,316/mo obligation. Total monthly income equals $2,327/mo, and annual cash flow totals $7,908/yr on $89,140 invested. Return on cash invested prints 28.78% in year one, and rental yield reads 10.38% against a $268,900 entry. Equity gained on principal adds $1,735/yr, while 5% annual appreciation compiles into $74,292 by year five. Five-year ROI reaches 150.41% and total cumulative return in cash sums $134,080. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,327/mo property income covering a $1,316/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.41 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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