5627 E Homestead DrColumbusIN47201
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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 5627 E Homestead Dr, Columbus, IN, 47201 offers a 8.26% rental yield on a $269,900 purchase with $1,857/mo rent. Total monthly income registers $1,857/mo, and a $1,321/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,842/yr on $89,472 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 119.63% and total cumulative return in cash at $107,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,857/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.37 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,141
Single Family
19,109
Multi-Family
1,032
Businesses
1,506
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