2831 17th AveColumbusGA31901
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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
Investment property for sale in Columbus at 2831 17th Ave, Columbus, GA, 31901 uses $104,423 cash to close to unlock $3,652/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $2,333/mo, and a $1,542/mo payment keeps the spread at $304/mo. Purchase price stands at $315,000, and rental yield measures 8.89% with $2,333/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 121.96% and total cumulative return in cash records $127,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,333/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1906
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31901, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,340 (100%) |
| Owner Occupied HU | 846 (19.5%) |
| Renter Occupied HU | 2,603 (60.0%) |
| Vacant Housing Units | 891 (20.5%) |
| Median Home Value | $222,959 |
| Average Home Value | $267,423 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
2,549
Multi-Family
914
Businesses
877
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