2818 10th StColumbusGA31906
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2818 10th St, Columbus, GA, 31906 in Columbus at $199,900 earns $1,272/mo in rent and nets $55/mo after the $899/mo payment, a 7.64% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $55,229 over five years. Ziffy Mortgage underwrites this on a 1.41 DSCR without U.S. credit history. With $1,841/yr in principal paydown, total projected return reaches $79,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 4.2% |
| Monthly Cash Flow | $55 | $850 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,272 |
| Total Monthly Debt Service | $1,137 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1924
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31906, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,989 (100%) |
| Owner Occupied HU | 4,190 (38.1%) |
| Renter Occupied HU | 5,160 (47.0%) |
| Vacant Housing Units | 1,639 (14.9%) |
| Median Home Value | $216,921 |
| Average Home Value | $275,489 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,120
Multi-Family
1,174
Businesses
652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1924
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31906, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,989 (100%) |
| Owner Occupied HU | 4,190 (38.1%) |
| Renter Occupied HU | 5,160 (47.0%) |
| Vacant Housing Units | 1,639 (14.9%) |
| Median Home Value | $216,921 |
| Average Home Value | $275,489 |
Housing Distribution
Address Breakdown
Residential
9,294
Single Family
8,120
Multi-Family
1,174
Businesses
652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: L. Jordan & D. Gaultney Team • Blue Sky Realty
Mls Name: CBORGA
Mls Provider:
Mls ID: #214837
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.