1113 Steve Mar DrColumbusGA31904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Columbus at 1113 Steve Mar Dr, Columbus, GA, 31904 offers $1,225/mo rent that, after a $545/mo payment, leaves $491/mo cash flow. Total monthly income is $1,225/mo, and annual cash flow is $5,887/yr on $36,921 cash. Return on cash invested measures 35.85% in year one, and rental yield stands at 13.2% at a $111,375 entry. Equity gained on principal adds $719/yr while 5% annual appreciation compounds into $30,771 by year five. Five-year ROI records 188.93% and total cumulative return in cash reaches $69,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,225/mo property income versus a $545/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Greer Team • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #221119
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.