2228 8th StColumbusGA31906
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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
Rental property for sale in Columbus at 2228 8th St, Columbus, GA, 31906 generates $1,084/mo in rent and, after a $587/mo payment, leaves $350/mo in cash flow. Total monthly income is $1,084/mo, and annual cash flow is $4,196/yr on $39,780 invested. Return on cash invested sits at 30.46% in year one, and rental yield is 10.84% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 159.35% and total cumulative return in cash sums $63,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31906, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,989 (100%) |
| Owner Occupied HU | 4,190 (38.1%) |
| Renter Occupied HU | 5,160 (47.0%) |
| Vacant Housing Units | 1,639 (14.9%) |
| Median Home Value | $216,921 |
| Average Home Value | $275,489 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,120
Multi-Family
1,174
Businesses
652
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Listed by: Jessica Battle • eXp Realty LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #222443
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.