203 Springview 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 203 Springview St, Columbia, AL, 36319 with 5% annual appreciation on a $137,000 basis while $1,576/mo rent supports operations. Total monthly income totals $1,576/mo and a $671/mo payment preserves $802/mo for cash returns. Annual cash flow comes to $9,627/yr on $45,416 deployed, and return on cash invested reaches 41.11% in year one. Equity gained on principal adds $884/yr, and five-year appreciation sums $37,851 alongside rental yield of 13.8%. Five-year ROI measures 215.86% and total cumulative return in cash totals $98,032.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,576/mo property income versus a $671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.37 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: Jeremy Armstrong • eXp Realty LLC Landmark Real Estate
Mls Name: SAMLS
Mls ID: #202889
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.