2865 Cromwell DrColumbusGA31906
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
Investment Highlights
Rental property for sale in Columbus at 2865 Cromwell Dr, Columbus, GA, 31906 priced at $429,900 converts $2,095/mo rent into after a $2,104/mo obligation. Total monthly income equals $2,095/mo. Return on cash invested prints 15.52% in year one, and rental yield reads 5.85% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 79.16% and total cumulative return in cash sums $112,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,095/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.27 Acres 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: Jared Wise • Pinnacle Real Estate Services
Mls Name: CBORGA
Mls Provider:
Mls ID: #221064
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.