3635 River Rd, Columbus, IN, 47203 | 7.05% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3635 River Rd, Columbus, IN, 47203 | 7.05% Rental Yield | Ziffy

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 Columbus at 3635 River Rd, Columbus, IN, 47203 offers a 7.05% rental yield on a $430,000 purchase with $2,526/mo rent. 44% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 100.1% and total cumulative return in cash at $142,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,526/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting two-story home that combines convenience with comfort. With four spacious bedrooms and two and a half bathrooms, there's enough room for both relaxation and everyday living. The primary bedroom offers generous space and natural light-ideal for unwinding after a long day. The kitchen is ready for action with brand-new stainless steel appliances, perfect for weeknight dinners or weekend get togethers. Downstairs, you'll find a convenient kitchenette in the basement, offering lots of opportunity for hosting guests. The bonus room in the basement is a great space for an office or any hobbies you can imagine. Recent updates take the worry out of maintenance. The furnace and A/C units are less than a year old, water heater was installed in 2017. Basement is equipped with a radon system for your piece of mind. The exterior features durable aluminum siding with a Rhino Shield finish, backed by a 25-year warranty. Fresh landscaping and a built-in irrigation system help keep everything green and growing with minimal effort, while the large, fenced-in backyard is nothing short of a private oasis. Whether you're hosting, relaxing, or just enjoying a quiet morning coffee, this home checks all the right boxes. Don't miss the opportunity to explore everything it has to offer.

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