1442 Grove Park Dr #8ColumbusGA31904
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1442 Grove Park Dr #8, Columbus, GA, 31904 in Columbus the bet is firmly on appreciation. Rental yield 3.98%. The 3.98% gross yield on a $359,706 price is below income-first thresholds, but 5%/yr value growth projects $99,380 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.74) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $72,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 4.2% |
| Monthly Cash Flow | $(995) | $850 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,194 |
| Total Monthly Debt Service | $2,046 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices