720 S Shore CtColumbia CityIN46725
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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 Columbia City at 720 S Shore Ct, Columbia City, IN, 46725 offers a 9.46% rental yield on a $295,500 purchase with $2,330/mo rent. Total monthly income registers $2,330/mo, and a $1,446/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,378/yr on $97,958 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $1,907/yr while 5% annual appreciation supports $81,641 over five years. Portfolio math shows five-year ROI at 137.65% and total cumulative return in cash at $134,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,330/mo property income against a $1,446/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.32 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46725, Columbia City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,000 (100%) |
| Owner Occupied HU | 8,209 (74.6%) |
| Renter Occupied HU | 2,037 (18.5%) |
| Vacant Housing Units | 754 ( 6.9%) |
| Median Home Value | $235,679 |
| Average Home Value | $280,163 |
Housing Distribution
Address Breakdown
Residential
10,474
Single Family
10,069
Multi-Family
405
Businesses
694
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Listed by: Daniss Warner • Uptown Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517051
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.