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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Columbus at 616 Newport Pl, Columbus, GA, 31904 generates $2,677/mo in rent, after a $2,080/mo payment. Total monthly income is $2,677/mo. Return on cash invested sits at 19.8% in year one, and rental yield is 7.56% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 102.47% and total cumulative return in cash sums $144,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,677/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31904, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,235 (100%) |
| Owner Occupied HU | 7,518 (46.3%) |
| Renter Occupied HU | 7,269 (44.8%) |
| Vacant Housing Units | 1,448 ( 8.9%) |
| Median Home Value | $289,479 |
| Average Home Value | $328,983 |
Residential
14,480
Single Family
11,721
Multi-Family
2,759
Businesses
1,528
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $425,000 |
| 2023-03-10 | Sold | $375,000 |
| 2023-02-11 | Pending sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $4763.16 | 110.25% | $121,680 | 4.27% |
| 2023-05-16 | $2265.44 | -26.14% | $116,692 | 24.23% |
| 2022-05-16 | $3067.32 | 0.22% | $93,932 | 6.32% |
What's Special
Permanent Stairs
Listed by: Alison Cox • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #221100
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.
