3350 Virginia StColumbusIN47203
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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 3350 Virginia St, Columbus, IN, 47203 uses $107,704 cash to close to unlock $2,399/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $2,150/mo, and a $1,590/mo payment keeps the spread at $200/mo. Purchase price stands at $324,900, and rental yield measures 7.94% with $2,150/mo rent. Return on cash invested shows 22.14% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 114.53% and total cumulative return in cash records $123,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,150/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.46 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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