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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Columbus at 230 McCormick St, Columbus, TX, 78934 offers a 9.31% rental yield on a $525,000 purchase with $4,072/mo rent. Total monthly income registers $4,072/mo, and a $2,570/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,059/yr on $172,725 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 117.47% and total cumulative return in cash at $202,893. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,072/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78934, Columbus, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,383 (100%) |
| Owner Occupied HU | 2,115 (62.5%) |
| Renter Occupied HU | 732 (21.6%) |
| Vacant Housing Units | 536 (15.8%) |
| Median Home Value | $262,560 |
| Average Home Value | $355,430 |
Residential
3,106
Single Family
2,828
Multi-Family
278
Businesses
557
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Price change | $525,000 |
| 2024-10-31 | Listed for sale | $549,000 |
| 2021-07-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $511,850 | 1.46% |
| 2023-12-27 | $7029.47 | -6.38% | $504,460 | 10.00% |
| 2022-12-27 | $7508.36 | 52.70% | $458,600 | 71.22% |
Listed by: Justin Crosby • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #16211229
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
