1806 Elmwood Dr, Columbus, GA, 31906 | 7.09% Rental Yield

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1806 Elmwood Dr, Columbus, GA, 31906 | 7.09% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 1806 Elmwood Dr, Columbus, GA, 31906 earns from $2,292/mo rent with a $1,899/mo payment. Total monthly income totals $2,292/mo. ROI tracks 19.26% on current figures, and rental yield reads 7.09% at a $388,000 purchase. Equity gained on principal adds $2,504/yr, and 5% annual appreciation supports $107,197 over five years. Five-year ROI reaches 99.23% and total cumulative return in cash sums $127,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,292/mo property income instead of your personal income.

Single Family

Built in 1958

0.39 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming brick home in Overlook offers 4 bedrooms and 2.5 bathrooms, featuring a split-bedroom layout with a private master suite. The open floor plan and abundant windows in the living areas ensure a bright and airy atmosphere. The kitchen is a highlight, boasting a large island and a newly upgraded pantry with wood shelving, a wine fridge, and an ice maker. Hardwood floors extend throughout the home. Outside, the expansive yard includes a greenhouse and a covered porch, along with several outbuildings, making it ideal for buyers seeking ample space.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31906, Columbus, GA area.

Housing Distribution

Housing Statistics

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