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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% |
Rental property for sale in Columbus at 3042 Hendrix St, Columbus, GA, 31903 offers $1,500/mo rent that, after a $830/mo payment, leaves $468/mo cash flow. Total monthly income is $1,500/mo, and annual cash flow is $5,616/yr on $56,189 cash. Return on cash invested measures 29.9% in year one, and rental yield stands at 10.62% at a $169,500 entry. Equity gained on principal adds $1,094/yr while 5% annual appreciation compounds into $46,830 by year five. Five-year ROI records 156.39% and total cumulative return in cash reaches $87,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $830/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.25 Acres 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $169,500 |
| 2001-11-01 | Sold | $58,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $844.88 | 15.51% | $18,840 | 0.21% |
| 2022-11-11 | $731.46 | 124.55% | $18,800 | -3.91% |
| 2021-11-11 | $325.75 | N/A | $19,564 | N/A |
Listed by: Tim Drew • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #216290
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.
