1249 Elliotts AveColumbusGA31903
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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 1249 Elliotts Ave, Columbus, GA, 31903 priced at $165,350 pairs $1,200/mo rent with $194/mo cash flow after a $809/mo payment. Total monthly income equals $1,200/mo, and annual cash flow comes to $2,328/yr on $54,814 invested. Return on cash invested is 24.16% in year one, and rental yield stands at 8.71% on a $165,350 basis. Equity gained on principal adds $1,067/yr, and 5% annual appreciation accumulates to $45,683 by year five. Five-year ROI measures 125.45% and total cumulative return in cash reaches $68,761. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $809/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31903, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,786 (100%) |
| Owner Occupied HU | 2,531 (25.9%) |
| Renter Occupied HU | 5,690 (58.1%) |
| Vacant Housing Units | 1,565 (16.0%) |
| Median Home Value | $82,737 |
| Average Home Value | $147,511 |
Housing Distribution
Address Breakdown
Residential
8,342
Single Family
6,789
Multi-Family
1,553
Businesses
549
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Listed by: Norman Hardman • Prestige Property Brokers LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #214318
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.