314 N Chauncey StColumbia CityIN46725
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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
Investment Highlights
Rental property for sale in Columbia City at 314 N Chauncey St, Columbia City, IN, 46725 priced at $219,900 pairs $1,872/mo rent with $552/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,872/mo, and annual cash flow comes to $6,627/yr on $72,897 invested. Return on cash invested is 29% in year one, and rental yield stands at 10.22% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 151.4% and total cumulative return in cash reaches $110,368. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
5,662 sqft 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 |
Housing Distribution
Address Breakdown
Residential
10,474
Single Family
10,069
Multi-Family
405
Businesses
694
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Listed by: Isabella D Reed • Keller Williams Realty Group
Mls Name: IRMLS
Mls ID: #202535278