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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 Columbus at 1204 1st Ave APT 301, Columbus, GA, 31901 offers a 6.52% rental yield on a $194,500 purchase with $1,056/mo rent. 95% in year one. Equity gained on principal adds $1,255/yr while 5% annual appreciation supports $53,737 over five years. Portfolio math shows five-year ROI at 82.11% and total cumulative return in cash at $52,941. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,056/mo property income against a $952/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
714.38 sqft 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 |
|---|---|---|
| 2024-12-16 | Listed for sale | $194,500 |
| 2005-06-17 | Sold | $100,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-15 | $2636.18 | -0.62% | $67,344 | N/A |
| 2023-02-15 | $2652.75 | 18.93% | $67,344 | 23.27% |
| 2022-02-15 | $2230.60 | N/A | $54,630 | N/A |
Listed by: Ruthie Curtis • Bickerstaff Parham, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #218460
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.
