5617 Neassie StColumbusGA31909
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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
Rental property for sale in Columbus at 5617 Neassie St, Columbus, GA, 31909 priced at $239,000 converts $1,680/mo rent into $225/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $2,702/yr on $79,229 invested. Return on cash invested prints 23.32% in year one, and rental yield reads 8.44% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 121.06% and total cumulative return in cash sums $95,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31909, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,759 (100%) |
| Owner Occupied HU | 9,428 (53.1%) |
| Renter Occupied HU | 7,575 (42.7%) |
| Vacant Housing Units | 756 ( 4.3%) |
| Median Home Value | $265,997 |
| Average Home Value | $290,043 |
Housing Distribution
Address Breakdown
Residential
17,575
Single Family
11,271
Multi-Family
6,304
Businesses
1,210
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Listed by: Kari Mcwhorter • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #220455
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.