




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 613 W 7th St, Columbia, TN, 38401 priced at $679,000 converts $4,457/mo rent into $393/mo cash flow after a $3,323/mo obligation. Total monthly income equals $4,457/mo, and annual cash flow totals $4,713/yr on $223,391 invested. Return on cash invested prints 22.17% in year one, and rental yield reads 7.88% against a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation compiles into $187,595 by year five. Five-year ROI reaches 114.66% and total cumulative return in cash sums $256,151. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,457/mo property income covering a $3,323/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.61 Acres 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: Travis R. Kitchen • Duck River Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2867379