3970 Waycross DrColumbusIN47203
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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 3970 Waycross Dr, Columbus, IN, 47203 with 5% annual appreciation on a $245,700 basis while $2,399/mo rent supports operations. Total monthly income totals $2,399/mo and a $1,203/mo payment preserves $770/mo for cash returns. Annual cash flow comes to $9,239/yr on $81,450 deployed, and return on cash invested reaches 31.25% in year one. Equity gained on principal adds $1,585/yr, and five-year appreciation sums $67,882 alongside rental yield of 11.72%. Five-year ROI measures 164.25% and total cumulative return in cash totals $133,780.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,399/mo property income versus a $1,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1974
N/A 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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