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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 2344 Orchard Creek Dr, Columbus, IN, 47201 priced at $269,500 pairs $1,766/mo rent with $50/mo cash flow after a $1,319/mo payment. Total monthly income equals $1,766/mo, and annual cash flow comes to $596/yr on $89,339 invested. Return on cash invested is 20.58% in year one, and rental yield stands at 7.86% on a $269,500 basis. Equity gained on principal adds $1,739/yr, and 5% annual appreciation accumulates to $74,458 by year five. Five-year ROI measures 106.68% and total cumulative return in cash reaches $95,304. For financing, Ziffy Mortgage’s DSCR program evaluates $1,766/mo property income against a $1,319/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
8,276 sqft lot
$N/A/sqft
$255 semi-annually 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $269,500 |
| 2024-11-27 | Listing removed | $1,750 |
| 2024-10-17 | Listed for rent | $1,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $2910.78 | 0.31% | $144,000 | 12.32% |
| 2023-04-17 | $2901.80 | -0.91% | $128,200 | N/A |
| 2022-04-17 | $2928.46 | 0.18% | $128,200 | N/A |
What's Special
Access Only
Listed by: Jeff Finke • RE/MAX Real Estate Prof
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22032809
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-17 07:57:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
