1770 E Poplar RdColumbia CityIN46725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1770 E Poplar Rd, Columbia City, IN, 46725 earns from $2,170/mo rent with a $2,887/mo payment. Total monthly income totals $2,170/mo. ROI tracks 11.58% on current figures, and rental yield reads 4.41% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 57.94% and total cumulative return in cash sums $112,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,170/mo property income instead of your personal income.
Single Family
Built in 1957
7,500 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad R Minear • Minear Real Estate
Mls Name: IRMLS
Mls ID: #202538115