2119 Lancaster DrColumbusGA31904
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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 Columbus at 2119 Lancaster Dr, Columbus, GA, 31904 uses $59,007 cash to close to unlock $6,923/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $1,660/mo, and a $871/mo payment keeps the spread at $577/mo. Purchase price stands at $178,000, and rental yield measures 11.19% with $1,660/mo rent. Return on cash invested shows 31.64% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 165.6% and total cumulative return in cash records $97,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,660/mo property income covering a $871/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
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