1870 N Powell Dr, Columbus, IN, 47201 | 5.52% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1870 N Powell Dr, Columbus, IN, 47201 | 5.52% Rental Yield | Ziffy

Pending

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

Rental property for sale in Columbus at 1870 N Powell Dr, Columbus, IN, 47201 offers $1,840/mo rent that, after a $1,957/mo payment. Total monthly income is $1,840/mo. Return on cash invested measures 14.84% in year one, and rental yield stands at 5.52% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 75.39% and total cumulative return in cash reaches $99,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,840/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Looking for a quiet, peaceful place in the county to get away or call home? Look no further. This beautiful country home has recently been completely updated and looks great. From the new windows, floors, cabinets, kitchen, roof, paint and more, this home has been tastefully transformed and is move-in ready. With just over 1300 square feet of living space, this 2 bedroom/1.5 bath home would be the perfect getaway place to enjoy the sounds of nature or a place to raise a family. The surrounding woods are filled with great wildlife such as deer, turkey, small game and morel mushrooms. Some trails throughout the property make it easy to access different areas within the property, whether getting to your favorite hunting stand or simply going on a hike in your own woods. Bonus: there is a huge barn that is approx. 45 x 90, perfect for storing equipment, vehicles, boats, and other toys. This property is in a great location and only 15 minutes from Columbus or Nashville, 20 minutes from Sweetwater Lake, 40 minutes to Bloomington and less than an hour from Indianapolis. Make this property your own outdoor getaway paradise.

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