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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 1362 Sharmel Ct, Columbus, GA, 31904 priced at $350,000 pairs $2,790/mo rent with $660/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,790/mo, and annual cash flow comes to $7,919/yr on $116,025 invested. Return on cash invested is 26.73% in year one, and rental yield stands at 9.57% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 139.31% and total cumulative return in cash reaches $161,630. For financing, Ziffy Mortgage’s DSCR program evaluates $2,790/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $350,000 |
| 2025-03-09 | Listing removed | $334,900 |
| 2025-01-15 | Price change | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $2301.19 | 41.92% | $92,024 | 27.81% |
| 2023-03-13 | $1621.48 | -45.74% | $72,000 | -1.62% |
| 2022-03-13 | $2988.17 | 207.86% | $73,184 | 15.00% |
Listed by: Dustin Willis • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #219880
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.
