306 Cascade RdColumbusGA31904
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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 306 Cascade Rd, Columbus, GA, 31904 priced at $1,200,000 converts $2,790/mo rent into after a $5,873/mo obligation. Total monthly income equals $2,790/mo. Return on cash invested prints 6.44% in year one, and rental yield reads 2.79% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 30.38% and total cumulative return in cash sums $118,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,790/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1956
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Housing Distribution
Address Breakdown
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
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