








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 1315 Morlinty Ct, Columbia, TN, 38401 listed at $669,900 pairs $2,214/mo rent with a $3,279/mo payment. Total monthly income runs $2,214/mo. Return on cash invested measures 10.28% in year one, and rental yield registers 3.97% at a $669,900 basis. Equity gained on principal adds $4,323/yr, and annual property appreciation at 5% supports $185,081 by year five. Five-year ROI tracks 50.91% and total cumulative return in cash totals $112,197. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,214/mo property income relative to a $3,279/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
1.19 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kerry Harris • Keller Williams Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3034538