








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 Columbia at 3005 Glenstone Dr, Columbia, TN, 38401 at $384,000 posts ROI 22.32% with $256/mo cash flow from $2,554/mo rent. Total monthly income equals $2,554/mo, and annual cash flow records $3,070/yr on $127,296 to close. Return on cash invested measures 22.32% and rental yield reads 7.98% at the current $384,000. Equity gained on principal adds $2,478/yr, and 5% annual appreciation supports $106,092 by year five. Five-year ROI prints 115.5% and total cumulative return in cash totals $147,032.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,552 (100%) |
| Owner Occupied HU | 19,842 (64.9%) |
| Renter Occupied HU | 8,481 (27.8%) |
| Vacant Housing Units | 2,229 ( 7.3%) |
| Median Home Value | $383,591 |
| Average Home Value | $440,270 |
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Price change | $384,000 |
| 2024-08-07 | Price change | $389,000 |
| 2024-07-30 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $1279.70 | N/A | $67,000 | N/A |
| 2022-11-13 | $1279.70 | 38.89% | $67,000 | 62.62% |
| 2021-11-13 | $921.40 | N/A | $41,200 | N/A |



Listed by: Jess Birdwell • Exit Realty Garden Gate Team
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2671363
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 01:26:18 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)