2220 Union St, Columbus, IN, 47201 | $186/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2220 Union St, Columbus, IN, 47201 | $186/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Columbus at 2220 Union St, Columbus, IN, 47201 listed at $220,000 pairs $1,507/mo rent with a $1,077/mo payment to leave $186/mo cash flow. Total monthly income runs $1,507/mo, and annual cash flow reaches $2,234/yr on $72,930 cash to close. Return on cash invested measures 22.97% in year one, and rental yield registers 8.22% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 119.08% and total cumulative return in cash totals $86,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,507/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1939

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming 3 bedroom, 1 bathroom house has so much character and has been well taken care of! Ceiling fans throughout the home, and original hardwood floors in the 3 bedrooms and living room. More recently updated ceramic tile floors in the bathroom. Appliances are 4 years new, including garbage disposal, stainless steel -refrigerator, gas stove range top, and oven. 4 years new water heater and radon mitigation system. Adorable fenced in backyard with Amish shed and new concrete patio with alley access and parking for 3 cars in the rear. Laundry is located in the basement as well as a great workshop and separate room. Plenty of built ins on the main floor, including a pantry in the kitchen. New doors and storm doors on the front and rear of the house with screens for a fantastic cross breeze in the spring and fall. Great location and no HOA! Come see this great house before it's gone! All dimensions are approximate. Photos to be uploaded soon.

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