2661 Fernwood AveColumbusGA31907
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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
Rental property for sale in Columbus at 2661 Fernwood Ave, Columbus, GA, 31907 generates $1,764/mo in rent and, after a $915/mo payment, leaves $626/mo in cash flow. Total monthly income is $1,764/mo, and annual cash flow is $7,514/yr on $61,991 invested. Return on cash invested sits at 32.03% in year one, and rental yield is 11.32% on a $187,000 entry. Equity gained on principal adds $1,207/yr, while 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 167.78% and total cumulative return in cash sums $104,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.26 Acres 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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