301 Flatrock DrColumbusIN47201
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow301 Flatrock Dr, Columbus, IN, 47201 in Columbus earns its strong cash-flow label: 10.04% yield, $2,928/mo rent, $789/mo net income, DSCR 1.86. The $350,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $96,699 by year five. Combined with $3,224/yr in principal paydown, total projected return reaches $185,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.8% |
| Monthly Cash Flow | $789 | $850 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,928 |
| Total Monthly Debt Service | $1,962 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,141
Single Family
19,109
Multi-Family
1,032
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,141
Single Family
19,109
Multi-Family
1,032
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices