208 Radney 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 208 Radney St, Columbia, AL, 36319 uses $57,681 cash to close to unlock $3,774/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,297/mo, and a $852/mo payment keeps the spread at $315/mo. Purchase price stands at $174,000, and rental yield measures 8.94% with $1,297/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 137.23% and total cumulative return in cash records $79,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $852/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.35 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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