6423 Michael AveColumbusGA31909
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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
Investment property for sale in Columbus at 6423 Michael Ave, Columbus, GA, 31909 listed at $215,000 pairs $1,475/mo rent with a $1,052/mo payment to leave $58/mo cash flow. Total monthly income runs $1,475/mo, and annual cash flow reaches $694/yr on $71,273 cash to close. Return on cash invested measures 20.88% in year one, and rental yield registers 8.23% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 108.6% and total cumulative return in cash totals $77,401. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,475/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.31 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: Heather Williams • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #219978
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.