1820 N Etna 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 1820 N Etna Rd, Columbia City, IN, 46725 offers a 6.51% rental yield on a $399,900 purchase with $2,171/mo rent. 83% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 91.47% and total cumulative return in cash at $121,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,171/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.92 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: Jennifer Hinen • Keller Williams Realty Group
Mls Name: IRMLS
Mls ID: #202526480