650 McDowell RdColumbusNC28722
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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 650 McDowell Rd, Columbus, NC, 28722 generates $3,678/mo in rent, after a $4,160/mo payment. Total monthly income is $3,678/mo. Return on cash invested sits at 13.61% in year one, and rental yield is 5.19% on a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 68.95% and total cumulative return in cash sums $192,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,678/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28722, Columbus, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,524 (100%) |
| Owner Occupied HU | 2,164 (61.4%) |
| Renter Occupied HU | 756 (21.5%) |
| Vacant Housing Units | 604 (17.1%) |
| Median Home Value | $389,694 |
| Average Home Value | $475,416 |
Housing Distribution
Address Breakdown
Residential
3,159
Single Family
2,751
Multi-Family
408
Businesses
353
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Listed by: Mitzi Kirsch • Century 21 Blackwell & Co - NC
Mls Name: SAR
Mls ID: #329123