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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 2474 Walker St, Columbus, GA, 31903 offers a 11.16% rental yield on a $129,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $631/mo payment leaves $398/mo available for distribution. Annual cash flow reaches $4,774/yr on $42,764 to close, and return on cash invested stands at 31.07% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 162.73% and total cumulative return in cash at $69,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,018 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 |
|---|---|---|
| 2024-10-23 | Listed for sale | $129,000 |
| 2024-02-21 | Sold | $130,000 |
| 2016-10-06 | Listing removed | $625 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $1280.21 | 68.24% | $32,500 | 74.39% |
| 2022-11-11 | $760.93 | -3.52% | $18,636 | -3.52% |
| 2021-11-11 | $788.69 | -0.03% | $19,316 | N/A |
Listed by: Scoot Mccullough • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #216656
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.
