54773 Columbia Bay Dr #231NBVOsceolaIN46561
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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 Osceola at 54773 Columbia Bay Dr #231NBV, Osceola, IN, 46561 listed at $624,545 pairs $2,034/mo rent with a $3,057/mo payment. Total monthly income runs $2,034/mo. Return on cash invested measures 9.95% in year one, and rental yield registers 3.91% at a $624,545 basis. Equity gained on principal adds $4,030/yr, and annual property appreciation at 5% supports $172,550 by year five. Five-year ROI tracks 49.19% and total cumulative return in cash totals $101,066. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $3,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46561, Osceola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,010 (100%) |
| Owner Occupied HU | 4,235 (84.5%) |
| Renter Occupied HU | 635 (12.7%) |
| Vacant Housing Units | 140 ( 2.8%) |
| Median Home Value | $240,395 |
| Average Home Value | $253,345 |
Housing Distribution
Address Breakdown
Residential
5,366
Single Family
5,366
Multi-Family
0
Businesses
260
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Listed by: Karen Schneider • Artisan Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202441182
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.