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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 1027 Wallace St, Columbus, TX, 78934 priced at $320,000 pairs $2,327/mo rent with $52/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,327/mo, and annual cash flow comes to $620/yr on $106,080 invested. Return on cash invested is 20.49% in year one, and rental yield stands at 8.73% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 107.19% and total cumulative return in cash reaches $113,703. For financing, Ziffy Mortgage’s DSCR program evaluates $2,327/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78934, Columbus, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,383 (100%) |
| Owner Occupied HU | 2,115 (62.5%) |
| Renter Occupied HU | 732 (21.6%) |
| Vacant Housing Units | 536 (15.8%) |
| Median Home Value | $262,560 |
| Average Home Value | $355,430 |
Residential
3,106
Single Family
2,828
Multi-Family
278
Businesses
557
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $320,000 |
| 2021-08-18 | Listing removed | N/A |
| 2021-06-23 | Pending sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $2853.68 | -32.67% | $250,730 | -1.31% |
| 2023-04-23 | $4238.14 | 2.55% | $254,050 | 12.38% |
| 2022-04-23 | $4132.77 | 911.30% | $226,060 | 915.54% |
Listed by: Rachael Pieprzyca • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #20315420
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
