Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Columbia at 513 Morgan Meadows Way, Columbia, TN, 38401 offers $4,457/mo rent that, after a $2,202/mo payment, leaves $1,764/mo cash flow. Total monthly income is $4,457/mo, and annual cash flow is $21,166/yr on $149,142 cash. Return on cash invested measures 34.1% in year one, and rental yield stands at 11.89% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 178.68% and total cumulative return in cash reaches $266,482. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,457/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,662 sqft 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: Chris Garrett AHWD, CRS, C2EX, e-PRO, SFR, SRS • WEICHERT, REALTORS - The Andrews Group
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3034800
