Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2830 Sassafras Ln, Columbus, IN, 47203 priced at $280,000 pairs $2,544/mo rent with $824/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,544/mo, and annual cash flow comes to $9,891/yr on $92,820 invested. Return on cash invested is 30.56% in year one, and rental yield stands at 10.9% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 159.96% and total cumulative return in cash reaches $148,473. For financing, Ziffy Mortgage’s DSCR program evaluates $2,544/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47203, Columbus, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,651 (100%) |
| Owner Occupied HU | 8,468 (72.7%) |
| Renter Occupied HU | 2,677 (23.0%) |
| Vacant Housing Units | 506 ( 4.3%) |
| Median Home Value | $262,044 |
| Average Home Value | $289,294 |
Residential
11,286
Single Family
10,887
Multi-Family
399
Businesses
372
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Sold | $280,000 |
| 2024-10-28 | Pending sale | $284,900 |
| 2024-10-15 | Price change | $284,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $2797.64 | 9.96% | $249,700 | 0.93% |
| 2023-10-27 | $2544.24 | 24.07% | $247,400 | 10.55% |
| 2022-10-27 | $2050.64 | 9.40% | $223,800 | 24.26% |
Listed by: Sarah Sanders • RE/MAX Real Estate Prof
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22004407
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 23:33:06 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)
