513 Transit AveColumbiaTN38401
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
Investment Highlights
Rental property for sale in Columbia at 513 Transit Ave, Columbia, TN, 38401 priced at $337,500 pairs $2,214/mo rent with $194/mo cash flow after a $1,652/mo payment. Total monthly income equals $2,214/mo, and annual cash flow comes to $2,323/yr on $111,881 invested. Return on cash invested is 21.99% in year one, and rental yield stands at 7.87% on a $337,500 basis. Equity gained on principal adds $2,178/yr, and 5% annual appreciation accumulates to $93,245 by year five. Five-year ROI measures 113.73% and total cumulative return in cash reaches $127,237. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $1,652/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,018 sqft 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