2525 Norris Rd APT 35ColumbusGA31907
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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 2525 Norris Rd APT 35, Columbus, GA, 31907 listed at $189,500 pairs $1,297/mo rent with a $928/mo payment to leave $143/mo cash flow. Total monthly income runs $1,297/mo, and annual cash flow reaches $1,718/yr on $62,819 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 8.21% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 117.42% and total cumulative return in cash totals $73,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,297/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
2,390 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31907, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,947 (100%) |
| Owner Occupied HU | 13,056 (52.3%) |
| Renter Occupied HU | 10,137 (40.6%) |
| Vacant Housing Units | 1,754 ( 7.0%) |
| Median Home Value | $192,585 |
| Average Home Value | $229,732 |
Housing Distribution
Address Breakdown
Residential
22,511
Single Family
19,216
Multi-Family
3,295
Businesses
916
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Listed by: Syenovia Lesesne • Radiant Real Estate Services, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #214733
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.