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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 503 Spring Ln, Columbia, TN, 38401 with 5% annual appreciation on a $399,900 basis while $2,786/mo rent supports operations. Total monthly income totals $2,786/mo and a $1,957/mo payment preserves $392/mo for cash returns. Annual cash flow comes to $4,709/yr on $132,567 deployed, and return on cash invested reaches 23.46% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 8.36%. Five-year ROI measures 121.64% and total cumulative return in cash totals $161,252.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,786/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.35 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Cairns • Epique Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2995154
