








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 9012 W Evergreen Dr, Columbus, IN, 47201 generates $2,190/mo in rent and, after a $979/mo payment, leaves $906/mo in cash flow. Total monthly income is $2,190/mo, and annual cash flow is $10,872/yr on $66,300 invested. Return on cash invested sits at 36.31% in year one, and rental yield is 13.14% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 191.16% and total cumulative return in cash sums $126,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,190/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
$1,000 annually 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 |
|---|---|---|
| 2025-09-17 | Sold | $200,000 |
| 2025-08-18 | Pending sale | $299,900 |
| 2025-07-21 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-18 | $1309.04 | -0.69% | $181,600 | -0.27% |
| 2018-10-18 | $1318.08 | -3.13% | $182,100 | -0.60% |
| 2017-10-18 | $1360.64 | -1.73% | $183,200 | N/A |



Listed by: Cheryl Weddle • RE/MAX Real Estate Prof
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22050632
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-17 21:37:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)