3660 E 300 S, Columbus, IN, 47201 | 5.6% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3660 E 300 S, Columbus, IN, 47201 | 5.6% 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 3660 E 300 S, Columbus, IN, 47201 listed at $675,000 pairs $3,150/mo rent with a $3,304/mo payment. Total monthly income runs $3,150/mo. Return on cash invested measures 15.19% in year one, and rental yield registers 5.6% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 77.22% and total cumulative return in cash totals $171,495. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,150/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1966

5.41 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for the perfect place for your beloved horses, or wanting to start a hobby farm? Well look no further than 3660 300 S in Columbus! With over 5 acres including 3 fenced pasture areas, a 31x40 heated workshop with electric, and a 59x36 horse barn with 3 stalls, tack room, storage mezzanine, and 12' overhead doors, this is the homestead you have been searching for! Located just minutes from town, this 4 bed, 2.5 bath home is ready for your personal touches. With a two car attached garage that leads to a family room off of the large kitchen, a formal dining room, and a main floor primary suite, the layout offers plenty of flexibility, allowing you make it your own. Upstairs you will find three bedrooms and an additional 1.5 baths, while the finished basement has two egress windows allowing for plenty of natural light, and two large storage areas. Outside, the screened in porch overlooks one of the fenced pasture areas. A row of mature pines leads you from the home to the workshop, horse barn, and additional pastures. The perfect blend of country living and convenience, homes like this don't come available often. Don't miss your chance to make this one yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47201, Columbus, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,886 (100%)
Owner Occupied HU	12,483 (59.8%)
Renter Occupied HU	6,801 (32.6%)
Vacant Housing Units	1,602 ( 7.7%)
Median Home Value	$258,047
Average Home Value	$310,103