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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% |
Investment property for sale in Columbia at 3243 Mecklenburg Dr, Columbia, TN, 38401 earns from $3,272/mo rent with a $2,780/mo payment. Total monthly income totals $3,272/mo. ROI tracks 19.16% on current figures, and rental yield reads 6.91% at a $568,000 purchase. Equity gained on principal adds $3,665/yr, and 5% annual appreciation supports $156,928 over five years. Five-year ROI reaches 98.56% and total cumulative return in cash sums $184,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,272/mo property income instead of your personal income.
Single Family
Built in 2017
0.37 Acres lot
$N/A/sqft
$150 annually 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 |
|---|---|---|
| 2025-09-05 | Sold | $568,000 |
| 2025-08-07 | Pending sale | $588,000 |
| 2025-07-28 | Contingent | $588,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $3449.65 | N/A | $126,125 | N/A |
| 2023-10-20 | $3449.65 | N/A | $126,125 | N/A |
| 2022-10-20 | $3449.65 | 25.33% | $126,125 | 55.61% |
Listed by: Mary L. McClure • Cobalt Premier Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2906419
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-19 22:18:02 PDT. 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](/mls-disclaimers/#99)
