506 3rd AveColumbusGA31901
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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 506 3rd Ave, Columbus, GA, 31901 earns from $1,050/mo rent with a $1,174/mo payment. Total monthly income totals $1,050/mo. ROI tracks 13.72% on current figures, and rental yield reads 5.25% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 69.6% and total cumulative return in cash sums $55,351. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31901, Columbus, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,463
Single Family
2,549
Multi-Family
914
Businesses
877
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