








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 8437 N Sheffield Ct, Columbus, IN, 47201 offers a 8.07% rental yield on a $249,000 purchase with $1,675/mo rent. Total monthly income registers $1,675/mo, and a $1,219/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,160/yr on $82,544 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 116.69% and total cumulative return in cash at $96,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,675/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
10,454 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cody Blackburn • 1 Percent Lists Indiana Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061831