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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 21 Reo St, Columbus, IN, 47201 listed at $134,900 pairs $1,374/mo rent with a $660/mo payment to leave $564/mo cash flow. Total monthly income runs $1,374/mo, and annual cash flow reaches $6,774/yr on $44,719 cash to close. Return on cash invested measures 35.06% in year one, and rental yield registers 12.22% at a $134,900 basis. Equity gained on principal adds $870/yr, and annual property appreciation at 5% supports $37,270 by year five. Five-year ROI tracks 183.88% and total cumulative return in cash totals $82,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,374/mo property income relative to a $660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47201, Columbus, IN area.
| 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 |
Residential
20,141
Single Family
19,109
Multi-Family
1,032
Businesses
1,506
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Listing removed | $140,000 |
| 2025-05-16 | Listed for sale | $140,000 |
| 2022-07-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $887.60 | 5.65% | $127,300 | 21.82% |
| 2023-10-31 | $840.16 | 113.41% | $104,500 | 5.24% |
| 2022-10-31 | $393.68 | -3.22% | $99,300 | 44.96% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
