508 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 508 3rd Ave, Columbus, GA, 31901 listed at $219,900 pairs $1,076/mo rent with a $1,076/mo payment. Total monthly income runs $1,076/mo. Return on cash invested measures 15.6% in year one, and rental yield registers 5.87% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 79.58% and total cumulative return in cash totals $58,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,076/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
2,613 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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