345 29th AveColumbusGA31903
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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
Investment property for sale in Columbus at 345 29th Ave, Columbus, GA, 31903 listed at $119,500 pairs $791/mo rent with a $585/mo payment to leave $64/mo cash flow. Total monthly income runs $791/mo, and annual cash flow reaches $763/yr on $39,614 cash to close. Return on cash invested measures 21.84% in year one, and rental yield registers 7.94% at a $119,500 basis. Equity gained on principal adds $771/yr, and annual property appreciation at 5% supports $33,016 by year five. Five-year ROI tracks 113.1% and total cumulative return in cash totals $44,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $791/mo property income relative to a $585/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
8,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31903, Columbus, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,342
Single Family
6,789
Multi-Family
1,553
Businesses
549
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