3413 Foster Chapel RdColumbiaTN38401
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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 Columbia at 3413 Foster Chapel Rd, Columbia, TN, 38401 priced at $1,146,500 converts $3,232/mo rent into after a $5,612/mo obligation. Total monthly income equals $3,232/mo. Return on cash invested prints 8.64% in year one, and rental yield reads 3.38% against a $1,146,500 entry. Equity gained on principal adds $7,398/yr, while 5% annual appreciation compiles into $316,757 by year five. Five-year ROI reaches 42.04% and total cumulative return in cash sums $156,147. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,232/mo property income covering a $5,612/mo payment, not borrower’s personal income.
Single Family
Built in 1989
21.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
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Listed by: Jonathan Hickerson • United Country - Columbia Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2661596
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