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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 1204 1st Ave APT 201, Columbus, GA, 31901 generates $720/mo in rent, after a $929/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 10.85% in year one, and rental yield is 4.55% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 54.39% and total cumulative return in cash sums $34,241. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31901, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,340 (100%) |
| Owner Occupied HU | 846 (19.5%) |
| Renter Occupied HU | 2,603 (60.0%) |
| Vacant Housing Units | 891 (20.5%) |
| Median Home Value | $222,959 |
| Average Home Value | $267,423 |
Residential
3,463
Single Family
2,549
Multi-Family
914
Businesses
877
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Price change | $189,900 |
| 2024-07-15 | Price change | $199,900 |
| 2024-03-21 | Listed for sale | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $2054.63 | 9.18% | $52,160 | 13.17% |
| 2022-09-16 | $1881.82 | -54.53% | $46,088 | N/A |
| 2021-09-16 | $4138.30 | 119.86% | $46,088 | N/A |
Listed by: Courtney Woodham • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #210793
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.
