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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 6260 W State Route 46, Columbus, IN, 47201 offers a 16.04% rental yield on a $134,500 purchase with $1,798/mo rent. Total monthly income registers $1,798/mo, and a $658/mo payment leaves $991/mo available for distribution. Annual cash flow reaches $11,891/yr on $44,587 to close, and return on cash invested stands at 46.58% in year one. Equity gained on principal adds $868/yr while 5% annual appreciation supports $37,160 over five years. Portfolio math shows five-year ROI at 245.59% and total cumulative return in cash at $109,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,798/mo property income against a $658/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47201, Columbus, IN area.
| 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 |
Residential
20,141
Single Family
19,109
Multi-Family
1,032
Businesses
1,506
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Listing removed | $160,000 |
| 2025-08-07 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $578.62 | -33.54% | $134,500 | 11.80% |
| 2023-10-12 | $870.58 | -53.83% | $120,300 | -0.74% |
| 2022-10-12 | $1885.40 | -1.83% | $121,200 | 6.88% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
