1318 Rhodes StColumbusGA31901
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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
Investment property for sale in Columbus at 1318 Rhodes St, Columbus, GA, 31901 uses $34,774 cash to close to unlock $2,460/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $876/mo, and a $513/mo payment keeps the spread at $205/mo. Purchase price stands at $104,900, and rental yield measures 10.02% with $876/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 141.19% and total cumulative return in cash records $49,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $876/mo property income covering a $513/mo payment rather than investor’s personal income.
Multi Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31901, Columbus, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
2,549
Multi-Family
914
Businesses
877
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Listed by: Carole Beasley • Beasley Realty LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #219951
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.