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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbus at 8940 E Georgetown Rd, Columbus, IN, 47201 priced at $344,000 converts $1,874/mo rent into after a $1,684/mo obligation. Total monthly income equals $1,874/mo. Return on cash invested prints 17.9% in year one, and rental yield reads 6.54% against a $344,000 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation compiles into $95,041 by year five. Five-year ROI reaches 91.8% and total cumulative return in cash sums $104,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,874/mo property income covering a $1,684/mo payment, not borrower’s personal income.
Single Family
Built in 1993
5 Acres 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 |
|---|---|---|
| 2024-11-01 | Sold | $344,000 |
| 2024-10-12 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $605.36 | -10.81% | $215,700 | 4.66% |
| 2023-10-26 | $678.70 | 1.94% | $206,100 | 3.99% |
| 2022-10-26 | $665.78 | 22.42% | $198,200 | 8.42% |
What's Special
Storage
Listed by: Melissa Murphy • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439736
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.
