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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% |
Rental property for sale in Columbus at 437 2nd Ave, Columbus, GA, 31901 priced at $115,000 converts $948/mo rent into $248/mo cash flow after a $563/mo obligation. Total monthly income equals $948/mo, and annual cash flow totals $2,976/yr on $38,123 invested. Return on cash invested prints 27.71% in year one, and rental yield reads 9.89% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 144.57% and total cumulative return in cash sums $55,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $948/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1903
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31901, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,340 (100%) |
| Owner Occupied HU | 846 (19.5%) |
| Renter Occupied HU | 2,603 (60.0%) |
| Vacant Housing Units | 891 (20.5%) |
| Median Home Value | $222,959 |
| Average Home Value | $267,423 |
Residential
3,463
Single Family
2,549
Multi-Family
914
Businesses
877
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $115,000 |
| 2024-10-17 | Listing removed | $115,000 |
| 2024-08-16 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-06 | $916.00 | -60.34% | $23,400 | -60.09% |
| 2023-07-06 | $2309.73 | 41.73% | $58,636 | 46.91% |
| 2022-07-06 | $1629.65 | 70.88% | $39,912 | 70.89% |
Listed by: David Hickox • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220534
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
