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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 Columbia at 2621 Sherman Way, Columbia, TN, 38401 priced at $299,999 pairs $2,461/mo rent with $516/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,461/mo, and annual cash flow comes to $6,186/yr on $99,450 invested. Return on cash invested is 26.13% in year one, and rental yield stands at 9.84% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 136.6% and total cumulative return in cash reaches $135,852. For financing, Ziffy Mortgage’s DSCR program evaluates $2,461/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2020
2,178 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,552 (100%) |
| Owner Occupied HU | 19,842 (64.9%) |
| Renter Occupied HU | 8,481 (27.8%) |
| Vacant Housing Units | 2,229 ( 7.3%) |
| Median Home Value | $383,591 |
| Average Home Value | $440,270 |
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $299,999 |
| 2020-12-18 | Sold | $221,495 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $1766.87 | N/A | $64,600 | N/A |
| 2022-04-25 | $1766.87 | -11.89% | $64,600 | 9.40% |
| 2021-04-25 | $2005.39 | N/A | $59,050 | N/A |
Listed by: Erin Krueger • Compass Tennessee, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2821466
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-25 07:33:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)
