7120 N 250 EColumbusIN47203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Columbus rentals match the income profile of 7120 N 250 E, Columbus, IN, 47203. Listed at $244,900, gross rent is $2,094/mo and net cash flow is $624/mo, a 10.26% yield well above national averages. DSCR 1.90 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $67,661 by year five with $2,256/yr in annual principal reduction, projecting $132,847 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.8% |
| Monthly Cash Flow | $624 | $850 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,094 |
| Total Monthly Debt Service | $1,373 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
10,887
Multi-Family
399
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
10,887
Multi-Family
399
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices