








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 Columbia at 1132 Pretender Way, Columbia, TN, 38401 offers a 5.93% rental yield on a $810,000 purchase with $4,006/mo rent. 26% in year one. Equity gained on principal adds $5,227/yr while 5% annual appreciation supports $223,788 over five years. Portfolio math shows five-year ROI at 82.99% and total cumulative return in cash at $221,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,006/mo property income against a $3,965/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,552 (100%) |
| Owner Occupied HU | 19,842 (64.9%) |
| Renter Occupied HU | 8,481 (27.8%) |
| Vacant Housing Units | 2,229 ( 7.3%) |
| Median Home Value | $383,591 |
| Average Home Value | $440,270 |
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $810,000 |
| 2025-07-13 | Contingent | $840,000 |
| 2025-06-30 | Price change | $840,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $4269.49 | N/A | $156,100 | N/A |
| 2023-10-08 | $4269.49 | N/A | $156,100 | N/A |
| 2022-10-08 | $4269.49 | 1336.76% | $156,100 | 1684.00% |



Listed by: Casey Draiss • Compass RE
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2898363
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-07 22:33:07 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/#99)