








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 Columbia at 1721 Sharpstone Dr LOT 98, Columbia, TN, 38401 offers a 7.46% rental yield on a $419,990 purchase with $2,611/mo rent. Total monthly income registers $2,611/mo, and a $2,056/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,158/yr on $139,227 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,035 over five years. Portfolio math shows five-year ROI at 107.04% and total cumulative return in cash at $149,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,611/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
| 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 |
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brian Nelson • M/I HOMES OF NASHVILLE LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3061315