314 28th St, Columbus, GA, 31904 | $39/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

314 28th St, Columbus, GA, 31904 | $39/mo Cash Flow | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1376 sft

2304 14th Ct, Phenix City, AL, 36867

2 Bed
2 Bath
1188 sft

703 22nd St, Phenix City, AL, 36867

4 Bed
2 Bath
1391 sft

2314 Sandfort Rd, Phenix City, AL, 36869

3 Bed
3 Bath
1644 sft

53 Ryan Loop, Phenix City, AL, 36869

Nearby investment properties with comparable prices

3 Bed
2 Bath
1504 sft

17 Newberry Dr, Phenix City, AL, 36870

3 Bed
2 Bath
1700 sft

1902 16th Pl, Phenix City, AL, 36867

1 Bed
1 Bath
750 sft

1204 1st Ave APT 201, Columbus, GA, 31901

3 Bed
2 Bath
1200 sft

192 Lee Road 2086, Salem, AL, 36874

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Columbus at 314 28th St, Columbus, GA, 31904 uses $62,952 cash to close to unlock $464/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $929/mo payment keeps the spread at $39/mo. Purchase price stands at $189,900, and rental yield measures 7.55% with $1,194/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 106.68% and total cumulative return in cash records $67,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $929/mo payment rather than investor’s personal income.

Multi Family

Built in 1963

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Multi-family quadplex in the Columbus 31904 zip code. This property offers a fantastic opportunity for investors seeking a low-maintenance rental with stable cash flow. Built with durable cinder block construction, metal roof and newer vinyl windows, this quad is easy to upkeep! Each unit is individually metered for all utilities, simplifying management for the owner. Each of the four units features two bedrooms and one bathroom. Currently, two of the four units are occupied by reliable month-to-month tenants, providing flexibility for future rental adjustments. Do Not Disturb Tenants, call for a scheduled appointment.

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