3078 E Pickett Ln, Columbia City, IN, 46725 | $587/mo Cash Flow

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 Columbia City at 3078 E Pickett Ln, Columbia City, IN, 46725 earns $587/mo cash flow from $2,298/mo rent with a $1,395/mo payment. Total monthly income totals $2,298/mo, and annual cash flow totals $7,045/yr on $94,478 capital. ROI tracks 27.37% on current figures, and rental yield reads 9.68% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 142.63% and total cumulative return in cash sums $134,754. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,298/mo property income instead of your personal income.

Single Family

Built in 2015

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46725, Columbia City, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,000 (100%)
Owner Occupied HU	8,209 (74.6%)
Renter Occupied HU	2,037 (18.5%)
Vacant Housing Units	754 ( 6.9%)
Median Home Value	$235,679
Average Home Value	$280,163