1908 Garrard StColumbusGA31906
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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
Investment Highlights
Investment property for sale in Columbus at 1908 Garrard St, Columbus, GA, 31906 offers a 10.69% rental yield on a $253,490 purchase with $2,258/mo rent. Total monthly income registers $2,258/mo, and a $1,241/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,713/yr on $84,032 to close, and return on cash invested stands at 27.9% in year one. Equity gained on principal adds $1,636/yr while 5% annual appreciation supports $70,035 over five years. Portfolio math shows five-year ROI at 146.37% and total cumulative return in cash at $123,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,258/mo property income against a $1,241/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.38 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,120
Multi-Family
1,174
Businesses
652
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