6323 Olde Towne DrColumbusGA31907
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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 6323 Olde Towne Dr, Columbus, GA, 31907 priced at $145,000 converts $1,289/mo rent into $360/mo cash flow after a $710/mo obligation. Total monthly income equals $1,289/mo, and annual cash flow totals $4,318/yr on $48,068 invested. Return on cash invested prints 28.89% in year one, and rental yield reads 10.67% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 151.3% and total cumulative return in cash sums $72,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,289/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1983
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31907, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,947 (100%) |
| Owner Occupied HU | 13,056 (52.3%) |
| Renter Occupied HU | 10,137 (40.6%) |
| Vacant Housing Units | 1,754 ( 7.0%) |
| Median Home Value | $192,585 |
| Average Home Value | $229,732 |
Housing Distribution
Address Breakdown
Residential
22,511
Single Family
19,216
Multi-Family
3,295
Businesses
916
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Listed by: Lisa Raines • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220300
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.