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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 1632 Lokey Dr, Columbus, GA, 31904 offers $1,744/mo rent that, after a $1,199/mo payment, leaves $253/mo cash flow. Total monthly income is $1,744/mo, and annual cash flow is $3,036/yr on $81,218 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.54% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 122.81% and total cumulative return in cash reaches $99,744. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,744/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
| 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 |
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $245,000 |
| 2015-08-21 | Sold | $120,000 |
| 2015-08-13 | Pending sale | $127,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $1037.35 | 196.58% | $68,968 | N/A |
| 2023-04-15 | $349.77 | -67.67% | $68,968 | 16.40% |
| 2022-04-15 | $1082.03 | N/A | $59,252 | 17.32% |
Listed by: Rodney Weatherholtz • Assurance Realty
Mls Name: CBORGA
Mls Provider:
Mls ID: #220513
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.
