606 California StColumbusIN47201
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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 606 California St, Columbus, IN, 47201 with 5% annual appreciation on a $215,000 basis while $1,914/mo rent supports operations. Total monthly income totals $1,914/mo and a $1,052/mo payment preserves $624/mo for cash returns. Annual cash flow comes to $7,485/yr on $71,273 deployed, and return on cash invested reaches 30.41% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.68%. Five-year ROI measures 158.91% and total cumulative return in cash totals $113,257.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
4,791 sqft 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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