2744 Morrow Ln, Columbia, TN, 38401 | 6.95% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2744 Morrow Ln, Columbia, TN, 38401 | 6.95% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbia at 2744 Morrow Ln, Columbia, TN, 38401 earns from $4,457/mo rent with a $3,768/mo payment. Total monthly income totals $4,457/mo. ROI tracks 19.34% on current figures, and rental yield reads 6.95% at a $769,900 purchase. Equity gained on principal adds $4,968/yr, and 5% annual appreciation supports $212,709 over five years. Five-year ROI reaches 99.51% and total cumulative return in cash sums $252,049. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,457/mo property income instead of your personal income.

Single Family

Built in 2021

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful, elegant home and only 4 years old! Make your entrance into the grand 2 story foyer which leads to the oversized and open living space of the Family Room, Kitchen and Dining area combo w/ premium, easy care LVP flooring and boasting custom shutters and blinds. The Kitchen features an elevated experience with Quartz counter tops, tiled backsplash, walk in pantry, all SS appliances, including double oven and an oversized sit down island. The family room offers a gas fireplace with auto start and built in custom cabinets flanking each side. Eating at the Kitchen table you are surrounded with an abundant of windows for natural light and views of the beautiful, level, tree lined back yard. Located on the main level is the Primary Bedroom suite with a spacious walk in closet, soaking tub, double Quartz vanity, large tiled and separate shower with glass surround. Upstairs you will find 4 more bedrooms AND a spacious Bonus Room, Hobby Room, or Work office. One bedroom upstairs offers a full bath suite. The Laundry Room and drop zone are located conveniently right off the kitchen and features cabinets for more storage. The covered back porch and concrete patio bring the living outdoors. This house is designed for family living! Make it your HOME SWEET HOME ! See VIDEO: under "documents and links" at bottom of page!

Neighborhood Data

Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.

Housing Distribution

Housing Statistics

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