2888 N Prairie Stream WayColumbusIN47203
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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
Investment Highlights
Rental property for sale in Columbus at 2888 N Prairie Stream Way, Columbus, IN, 47203 priced at $447,000 pairs $3,416/mo rent with $340/mo cash flow after a $2,188/mo payment. Total monthly income equals $3,416/mo, and annual cash flow comes to $4,084/yr on $148,181 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 9.17% on a $447,000 basis. Equity gained on principal adds $2,884/yr, and 5% annual appreciation accumulates to $123,498 by year five. Five-year ROI measures 118.54% and total cumulative return in cash reaches $175,656. For financing, Ziffy Mortgage’s DSCR program evaluates $3,416/mo property income against a $2,188/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47203, Columbus, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
10,887
Multi-Family
399
Businesses
372
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