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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 943 Mockernut Ct, Columbus, IN, 47201 generates $1,701/mo in rent and, after a $1,370/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,701/mo, and annual cash flow is $249/yr on $92,787 invested. Return on cash invested sits at 20.18% in year one, and rental yield is 7.29% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 104.05% and total cumulative return in cash sums $96,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,701/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
4,356 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: Wade Myers • Hoosier Brokers, Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069818
