1908 Sheffield LnColumbiaTN38401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Columbia at 1908 Sheffield Ln, Columbia, TN, 38401 uses $114,069 cash to close to unlock $2,476/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,684/mo payment keeps the spread at $206/mo. Purchase price stands at $344,100, and rental yield measures 7.9% with $2,266/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $95,068 over five years. Five-year ROI reaches 114.22% and total cumulative return in cash records $130,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,684/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices