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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% |
Investment property for sale in Columbus at 93 Lookout Ridge Dr #24U, Columbus, IN, 47201 earns $568/mo cash flow from $1,734/mo rent with a $797/mo payment. Total monthly income totals $1,734/mo, and annual cash flow totals $6,815/yr on $53,952 capital. ROI tracks 32.54% on current figures, and rental yield reads 12.79% at a $162,750 purchase. Equity gained on principal adds $1,050/yr, and 5% annual appreciation supports $44,965 over five years. Five-year ROI reaches 171.89% and total cumulative return in cash sums $92,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,734/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$566 quarterly 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 |
|---|---|---|
| 2025-06-25 | Sold | $162,750 |
| 2025-06-03 | Pending sale | $166,900 |
| 2025-05-16 | Listed for sale | $166,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zane Wischmeier • eXp Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22037600
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 22:48:13 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)
