Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1897 New Lewisburg Hwy LOT 3, Columbia, TN, 38401 offers a 7.08% rental yield on a $755,500 purchase with $4,457/mo rent. 74% in year one. Equity gained on principal adds $4,875/yr while 5% annual appreciation supports $208,731 over five years. Portfolio math shows five-year ROI at 101.66% and total cumulative return in cash at $252,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,457/mo property income against a $3,698/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.19 Acres 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: Melanie Thompson • Luxury Homes of Tennessee
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2924641
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-29 08:08:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)
