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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% |
Investment property for sale in Columbus at 2842 Ramsey Rd, Columbus, GA, 31903 offers a 9.09% rental yield on a $124,900 purchase with $946/mo rent. Total monthly income registers $946/mo, and a $611/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,234/yr on $41,404 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 131.75% and total cumulative return in cash at $54,550. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $946/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31903, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,786 (100%) |
| Owner Occupied HU | 2,531 (25.9%) |
| Renter Occupied HU | 5,690 (58.1%) |
| Vacant Housing Units | 1,565 (16.0%) |
| Median Home Value | $82,737 |
| Average Home Value | $147,511 |
Residential
8,342
Single Family
6,789
Multi-Family
1,553
Businesses
549
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Howard Jefferson • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls ID: #223045
