511 2nd Ave, Columbus, GA, 31901 | 3.9% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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511 2nd Ave, Columbus, GA, 31901 | 3.9% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 511 2nd Ave, Columbus, GA, 31901 earns from $1,740/mo rent with a $2,623/mo payment. Total monthly income totals $1,740/mo. ROI tracks 9.71% on current figures, and rental yield reads 3.9% at a $536,000 purchase. Equity gained on principal adds $3,459/yr, and 5% annual appreciation supports $148,087 over five years. Five-year ROI reaches 47.97% and total cumulative return in cash sums $84,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.

Single Family

Built in 1903

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Prestine excellence is in order. Do not miss out on your opportunity to own one of Columbus' historical finest homes. Relax on the charming rocking chair front porch. This well-maintained historical jewel blends modern luxury with timeless tradition and is full of charm and decor featuring 4 bedrooms, 4 full bathrooms, hardwood floors, and multiple fireplaces. Ready for its permanent owner. Looking for city convenience, AND your own yard space?? Then look no further. Enjoy the scenic views and fresh air with a sidewalk that is sure to invite walkers, sport riders, and runners. Steps from restaurants, shopping, park, the Clingstones Baseball Stadium, Riverwalk, bike trail, and so much more. Whether you are looking for an income driven property, or a nice space and place to call yours, this property will not disappoint.

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