1509 Bailey StColumbiaTN38401
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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 Columbia at 1509 Bailey St, Columbia, TN, 38401 listed at $140,000 pairs $1,054/mo rent with a $685/mo payment to leave $216/mo cash flow. Total monthly income runs $1,054/mo, and annual cash flow reaches $2,594/yr on $46,410 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.03% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 132.64% and total cumulative return in cash totals $61,558. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,054/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
6,534 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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