822 7th St, Columbus, IN, 47201 | 3.49% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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822 7th St, Columbus, IN, 47201 | 3.49% Rental Yield | 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

Investment property for sale in Columbus at 822 7th St, Columbus, IN, 47201 at $469,500 posts ROI 8.7% with from $1,364/mo rent. Total monthly income equals $1,364/mo. Return on cash invested measures 8.7% and rental yield reads 3.49% at the current $469,500. Equity gained on principal adds $3,030/yr, and 5% annual appreciation supports $129,714 by year five. Five-year ROI prints 42.46% and total cumulative return in cash totals $66,092. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2021

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully designed 2-bedroom, 2.5-bathroom condominium with a versatile den/office space, located in the heart of Columbus. Enjoy the ease of low-maintenance living just minutes from all the best downtown amenities - shopping, dining, parks, and entertainment are right at your doorstep. Step inside to find stylish vinyl plank flooring throughout the main living areas, paired with a modern kitchen that features solid surface countertops, spacious cabinetry, and ENERGY STAR certified stainless steel appliances - perfect for both everyday living and entertaining. The open floor plan offers plenty of natural light and room for entertaining family or friends. Upstairs, both bedrooms offer comfort and privacy, each with its own en-suite bath. Additional features include a 1-car garage, a convenient half bath on the main level, and thoughtful design throughout. This home combines comfort, efficiency, and location - all in one sleek package. Don't miss the opportunity to make this centrally located condo your new home!

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