1401 Walker WayColumbiaTN38401
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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 Columbia at 1401 Walker Way, Columbia, TN, 38401 priced at $284,000 converts $2,214/mo rent into $514/mo cash flow after a $1,390/mo obligation. Total monthly income equals $2,214/mo, and annual cash flow totals $6,168/yr on $94,146 invested. Return on cash invested prints 26.46% in year one, and rental yield reads 9.35% against a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,464 by year five. Five-year ROI reaches 137.7% and total cumulative return in cash sums $129,641. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,214/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 2023
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
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