2023 Denise DrColumbiaTN38401
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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 2023 Denise Dr, Columbia, TN, 38401 uses $90,500 cash to close to unlock $6,960/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,214/mo, and a $1,336/mo payment keeps the spread at $580/mo. Purchase price stands at $273,000, and rental yield measures 9.73% with $2,214/mo rent. Return on cash invested shows 27.6% in year one, and 5% annual appreciation builds toward $75,425 over five years. Five-year ROI reaches 143.81% and total cumulative return in cash records $130,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $1,336/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.27 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
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