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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 7024 Spring Walk Dr, Columbus, GA, 31904 priced at $405,000 converts $2,519/mo rent into after a $1,982/mo obligation. Total monthly income equals $2,519/mo. Return on cash invested prints 18.13% in year one, and rental yield reads 7.46% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 93.98% and total cumulative return in cash sums $126,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,519/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 2018
7,840 sqft 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 |
|---|---|---|
| 2025-06-27 | Sold | $405,000 |
| 2025-05-30 | Pending sale | $405,000 |
| 2025-05-08 | Listed for sale | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $6401.31 | 12.85% | $163,528 | 13.56% |
| 2023-10-17 | $5672.30 | 14.58% | $144,000 | 18.77% |
| 2022-10-17 | $4950.35 | 2.70% | $121,240 | 2.70% |
Listed by: Riley Manasek • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220974
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.
