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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% |
Investment property for sale in Columbia at 1185 Mooresville Pike, Columbia, TN, 38401 at $997,000 posts ROI 14.67% with from $4,495/mo rent. Total monthly income equals $4,495/mo. Return on cash invested measures 14.67% and rental yield reads 5.41% at the current $997,000. Equity gained on principal adds $6,433/yr, and 5% annual appreciation supports $275,453 by year five. Five-year ROI prints 74.44% and total cumulative return in cash totals $244,186. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,495/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1840
1.98 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 |
|---|---|---|
| 2025-06-03 | Listed for sale | $997,000 |
| 2025-05-05 | Listing removed | $998,770 |
| 2025-04-22 | Price change | $998,770 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $3388.82 | N/A | $177,425 | N/A |
| 2023-06-04 | $3388.82 | N/A | $177,425 | N/A |
| 2022-06-04 | $3388.82 | 3.47% | $177,425 | 21.15% |
Listed by: Andy Wilhoite • RE/MAX Encore
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2900239
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-04 08:08:06 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)
