8394 E Mulberry StColumbusIN47203
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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 Columbus at 8394 E Mulberry St, Columbus, IN, 47203 listed at $281,900 pairs $2,134/mo rent with a $1,380/mo payment to leave $442/mo cash flow. Total monthly income runs $2,134/mo, and annual cash flow reaches $5,299/yr on $93,450 cash to close. Return on cash invested measures 25.58% in year one, and rental yield registers 9.08% at a $281,900 basis. Equity gained on principal adds $1,819/yr, and annual property appreciation at 5% supports $77,884 by year five. Five-year ROI tracks 133.03% and total cumulative return in cash totals $124,313. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,134/mo property income relative to a $1,380/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.61 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
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