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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% |
Investment property for sale in Columbus at 1617 Carter Ave, Columbus, GA, 31906 earns $233/mo cash flow from $1,663/mo rent with a $1,150/mo payment. Total monthly income totals $1,663/mo, and annual cash flow totals $2,796/yr on $77,903 capital. ROI tracks 23.5% on current figures, and rental yield reads 8.49% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 121.93% and total cumulative return in cash sums $94,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,663/mo property income instead of your personal income.
Single Family
Built in 1948
8,712 sqft 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 |
|---|---|---|
| 2025-10-08 | Sold | $235,000 |
| 2025-09-12 | Pending sale | $225,000 |
| 2025-09-12 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1694.28 | 67.62% | $82,804 | N/A |
| 2023-10-13 | $1010.76 | -42.79% | $82,804 | 29.46% |
| 2022-10-13 | $1766.77 | 0.38% | $63,960 | 13.21% |
Listed by: Sara Varner • Bickerstaff Parham, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #223376
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.
