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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 6513 Gregg Dr, Columbus, GA, 31909 priced at $222,000 converts $2,002/mo rent into $552/mo cash flow after a $1,087/mo obligation. Total monthly income equals $2,002/mo, and annual cash flow totals $6,629/yr on $73,593 invested. Return on cash invested prints 28.92% in year one, and rental yield reads 10.82% against a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation compiles into $61,335 by year five. Five-year ROI reaches 151.63% and total cumulative return in cash sums $111,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,002/mo property income covering a $1,087/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31909, Columbus, GA area.
| 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 |
Residential
17,575
Single Family
11,271
Multi-Family
6,304
Businesses
1,210
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Price change | $222,000 |
| 2024-08-13 | Price change | $227,500 |
| 2024-07-13 | Price change | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $3018.45 | 15.39% | $76,628 | 19.60% |
| 2022-11-11 | $2615.96 | 171.21% | $64,068 | 38.07% |
| 2021-11-11 | $964.55 | -0.04% | $46,404 | N/A |
Listed by: Michele Turso • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #211970
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.
