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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 1038 Maridele Dr, Columbus, GA, 31904 priced at $180,000 pairs $1,680/mo rent with $516/mo cash flow after a $881/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $6,186/yr on $59,670 invested. Return on cash invested is 30.28% in year one, and rental yield stands at 11.2% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 158.86% and total cumulative return in cash reaches $94,793. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $180,000 |
| 2020-06-15 | Sold | $122,000 |
| 2012-08-03 | Sold | $111,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $2322.71 | -0.62% | $59,336 | N/A |
| 2023-03-14 | $2337.30 | 25.66% | $59,336 | 30.25% |
| 2022-03-14 | $1860.09 | -4.54% | $45,556 | -4.53% |
Listed by: Corey Wiles • Holliday Realtors
Mls Name: CBORGA
Mls Provider:
Mls ID: #219910
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.
