6204 E 50 N, Columbus, IN, 47203 | $583/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6204 E 50 N, Columbus, IN, 47203 | $583/mo Cash Flow | 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

Rental property for sale in Columbus at 6204 E 50 N, Columbus, IN, 47203 generates $1,663/mo in rent and, after a $881/mo payment, leaves $583/mo in cash flow. Total monthly income is $1,663/mo, and annual cash flow is $6,991/yr on $59,637 invested. Return on cash invested sits at 31.63% in year one, and rental yield is 11.09% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 165.48% and total cumulative return in cash sums $98,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,663/mo property income rather than buyer’s personal income.

Single Family

Built in 1970

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in a convenient area, this single-family residence presents an opportunity to establish roots in a comfortable home. This property offers a solid foundation ready for a new chapter. With a main level plus a walk-out lower level, the residence provides a cozy environment for you to call home. Encompassing three bedrooms and two full bathrooms plus a bonus room. The layout allows for both shared gatherings and private retreats, ensuring a harmonious balance within the home. The expansive almost 3/4 acre lot offers a canvas for outdoor aspirations, inviting possibilities for gardening, recreation, or simply enjoying the open Indiana landscape. There are also 3 storage barns, and an area in the basement for a possible wood stove. The single story design enhances accessibility and convenience, promoting ease of living. This Columbus property offers a chance to embrace a simplified lifestyle within a home designed for comfort and potential. Set up your showing today.

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