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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 1523 Hilton Ave, Columbus, GA, 31906 priced at $375,000 converts $2,101/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,101/mo. Return on cash invested prints 18.16% in year one, and rental yield reads 6.72% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 93.38% and total cumulative return in cash sums $116,079. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,101/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1937
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31906, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,989 (100%) |
| Owner Occupied HU | 4,190 (38.1%) |
| Renter Occupied HU | 5,160 (47.0%) |
| Vacant Housing Units | 1,639 (14.9%) |
| Median Home Value | $216,921 |
| Average Home Value | $275,489 |
Residential
9,294
Single Family
8,120
Multi-Family
1,174
Businesses
652
Date | Event | Price |
|---|---|---|
| 2024-10-25 | Price change | $375,000 |
| 2024-08-08 | Listed for sale | $399,900 |
| 2021-02-23 | Sold | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $2847.33 | -22.43% | $131,072 | 27.11% |
| 2022-11-11 | $3670.48 | -15.40% | $103,120 | -2.96% |
| 2021-11-11 | $4338.87 | -0.02% | $106,264 | N/A |
Listed by: Linda Campbell • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #214316
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.
