3230 S 900 EColumbusIN47203
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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
Investment property for sale in Columbus at 3230 S 900 E, Columbus, IN, 47203 offers a 9.78% rental yield on a $185,000 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $905/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,764/yr on $61,328 to close, and return on cash invested stands at 27.68% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 144.23% and total cumulative return in cash at $88,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.40 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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