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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 213 Hege Ave, Columbus, IN, 47201 with 5% annual appreciation on a $155,000 basis while $1,380/mo rent supports operations. Total monthly income totals $1,380/mo and a $759/mo payment preserves $449/mo for cash returns. Annual cash flow comes to $5,391/yr on $51,383 deployed, and return on cash invested reaches 30.4% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 10.68%. Five-year ROI measures 158.93% and total cumulative return in cash totals $81,664.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,380/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
6,098 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Huelson • eXp Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22066666
