2305 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
Investment property for sale in Columbus at 2305 8th St, Columbus, GA, 31906 listed at $123,499 pairs $1,183/mo rent with a $604/mo payment to leave $382/mo cash flow. Total monthly income runs $1,183/mo, and annual cash flow reaches $4,581/yr on $40,940 cash to close. Return on cash invested measures 31.1% in year one, and rental yield registers 11.49% at a $123,499 basis. Equity gained on principal adds $797/yr, and annual property appreciation at 5% supports $34,121 by year five. Five-year ROI tracks 163.27% and total cumulative return in cash totals $66,842. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,183/mo property income relative to a $604/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
7,405 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: Deangela Hudson • Keller Williams Realty Atl North
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7506897
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