202 N Washington StColumbiaAL36319
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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 Columbia at 202 N Washington St, Columbia, AL, 36319 at $143,000 posts ROI 35.65% with $622/mo cash flow from $1,434/mo rent. Total monthly income equals $1,434/mo, and annual cash flow records $7,461/yr on $47,405 to close. Return on cash invested measures 35.65% and rental yield reads 12.03% at the current $143,000. Equity gained on principal adds $923/yr, and 5% annual appreciation supports $39,508 by year five. Five-year ROI prints 186.6% and total cumulative return in cash totals $88,456.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,434/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36319, Columbia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,341 (100%) |
| Owner Occupied HU | 896 (66.8%) |
| Renter Occupied HU | 230 (17.2%) |
| Vacant Housing Units | 215 (16.0%) |
| Median Home Value | $169,257 |
| Average Home Value | $187,695 |
Housing Distribution
Address Breakdown
Residential
967
Single Family
967
Multi-Family
0
Businesses
47
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Listed by: Keisha McKissic • KMac Realty Group
Mls Name: SAMLS
Mls ID: #203462
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.