2246 Lois AveColumbusGA31903
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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 2246 Lois Ave, Columbus, GA, 31903 uses $46,377 cash to close to unlock $6,639/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $685/mo payment keeps the spread at $553/mo. Purchase price stands at $139,900, and rental yield measures 12.05% with $1,405/mo rent. Return on cash invested shows 34.23% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 179.55% and total cumulative return in cash records $83,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31903, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,786 (100%) |
| Owner Occupied HU | 2,531 (25.9%) |
| Renter Occupied HU | 5,690 (58.1%) |
| Vacant Housing Units | 1,565 (16.0%) |
| Median Home Value | $82,737 |
| Average Home Value | $147,511 |
Housing Distribution
Address Breakdown
Residential
8,342
Single Family
6,789
Multi-Family
1,553
Businesses
549
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Listed by: Troy Edwards • 1827 Real Estate LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #220832
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.