513 Fairview DrColumbiaTN38401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 513 Fairview Dr, Columbia, TN, 38401 in Columbia deserves attention. This $128,300 property earns $1,986/mo in rent, a 18.58% gross yield, and nets $1,218/mo after the $577/mo payment. DSCR 3.44 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $35,447 compounds alongside $1,182/yr in yearly equity build, for a total cumulative return of $126,910.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 6.0% |
| Monthly Cash Flow | $1,218 | $300 |
City averages based on Columbia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,986 |
| Total Monthly Debt Service | $717 |
| DSCR Ratio | 2.77x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices