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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 2525 Norris Rd APT 56, Columbus, GA, 31907 generates $1,297/mo in rent and, after a $881/mo payment, leaves $171/mo in cash flow. Total monthly income is $1,297/mo, and annual cash flow is $2,047/yr on $59,637 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.65% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 121.35% and total cumulative return in cash sums $72,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,297/mo property income rather than buyer’s personal income.
Condo
Built in 1973
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31907, Columbus, GA area.
| 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 |
Residential
22,511
Single Family
19,216
Multi-Family
3,295
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $179,900 |
| 2018-05-07 | Sold | $100,000 |
| 2007-07-06 | Sold | $157,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-15 | $1865.07 | -0.62% | $47,644 | -0.00% |
| 2023-02-15 | $1876.79 | 8.07% | $47,645 | 12.02% |
| 2022-02-15 | $1736.71 | 5.04% | $42,534 | 5.04% |
Listed by: Hunter Patchin • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #219174
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.
