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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% |
Rental property for sale in Columbus at 2313 Dorothy Ave, Columbus, GA, 31903 priced at $107,999 converts $868/mo rent into $210/mo cash flow after a $529/mo obligation. Total monthly income equals $868/mo, and annual cash flow totals $2,524/yr on $35,802 invested. Return on cash invested prints 26.96% in year one, and rental yield reads 9.64% against a $107,999 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation compiles into $29,838 by year five. Five-year ROI reaches 140.59% and total cumulative return in cash sums $50,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $868/mo property income covering a $529/mo payment, not borrower’s personal income.
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31903, Columbus, GA area.
| 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 |
Residential
8,342
Single Family
6,789
Multi-Family
1,553
Businesses
549
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Listed for sale | $107,999 |
| 2023-12-08 | Listing removed | N/A |
| 2023-12-07 | Price change | $975 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-15 | $480.00 | N/A | $20,000 | -24.46% |
| 2023-02-15 | N/A | N/A | $26,476 | 12.84% |
| 2022-02-15 | $185.15 | 3.78% | $23,464 | 8.91% |
Listed by: Dedrick Josey • Coldwell Banker Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7497634
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