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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% |
Rental property for sale in Columbus at 222 Coovert St, Columbus, IN, 47201 priced at $263,000 pairs $1,870/mo rent with $292/mo cash flow after a $1,287/mo payment. Total monthly income equals $1,870/mo, and annual cash flow comes to $3,498/yr on $87,185 invested. Return on cash invested is 23.92% in year one, and rental yield stands at 8.53% on a $263,000 basis. Equity gained on principal adds $1,697/yr, and 5% annual appreciation accumulates to $72,662 by year five. Five-year ROI measures 124.12% and total cumulative return in cash reaches $108,215. For financing, Ziffy Mortgage’s DSCR program evaluates $1,870/mo property income against a $1,287/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.31 Acres 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: Rajwinder Kaur • Diamond Realty, Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077141
