2951 Florence DrColumbusGA31907
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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
Rental property for sale in Columbus at 2951 Florence Dr, Columbus, GA, 31907 priced at $285,000 pairs $2,303/mo rent with $568/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,303/mo, and annual cash flow comes to $6,820/yr on $94,478 invested. Return on cash invested is 27.13% in year one, and rental yield stands at 9.7% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 141.45% and total cumulative return in cash reaches $133,638. For financing, Ziffy Mortgage’s DSCR program evaluates $2,303/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31907, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,947 (100%) |
| Owner Occupied HU | 13,056 (52.3%) |
| Renter Occupied HU | 10,137 (40.6%) |
| Vacant Housing Units | 1,754 ( 7.0%) |
| Median Home Value | $192,585 |
| Average Home Value | $229,732 |
Housing Distribution
Address Breakdown
Residential
22,511
Single Family
19,216
Multi-Family
3,295
Businesses
916
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