2516 47th StColumbusGA31904
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Columbus rentals match the income profile of 2516 47th St, Columbus, GA, 31904. Listed at $158,500, gross rent is $1,578/mo and net cash flow is $613/mo, a 11.95% yield well above national averages. DSCR 2.21 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $43,791 by year five with $1,460/yr in annual principal reduction, projecting $99,531 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 4.2% |
| Monthly Cash Flow | $613 | $850 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,578 |
| Total Monthly Debt Service | $902 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trecia Gemes • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #221259
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.