207 E Jackson StColumbia 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 207 E Jackson St, Columbia City, IN, 46725 priced at $109,900 pairs $1,380/mo rent with $720/mo cash flow after a $538/mo payment. Total monthly income equals $1,380/mo, and annual cash flow comes to $8,642/yr on $36,432 invested. Return on cash invested is 43.63% in year one, and rental yield stands at 15.07% on a $109,900 basis. Equity gained on principal adds $709/yr, and 5% annual appreciation accumulates to $30,363 by year five. Five-year ROI measures 229.92% and total cumulative return in cash reaches $83,764. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
5,227 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
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Listed by: Kevin Ewing • Orizon Real Estate, Inc.
Mls Name: IRMLS
Mls ID: #202600129