709 Halcyon WayColumbiaTN38401
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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 Columbia at 709 Halcyon Way, Columbia, TN, 38401 priced at $789,900 pairs $2,214/mo rent with after a $3,866/mo payment. Total monthly income equals $2,214/mo. Return on cash invested is 8.45% in year one, and rental yield stands at 3.36% on a $789,900 basis. Equity gained on principal adds $5,097/yr, and 5% annual appreciation accumulates to $218,235 by year five. Five-year ROI measures 41.09% and total cumulative return in cash reaches $106,793. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $3,866/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,552 (100%) |
| Owner Occupied HU | 19,842 (64.9%) |
| Renter Occupied HU | 8,481 (27.8%) |
| Vacant Housing Units | 2,229 ( 7.3%) |
| Median Home Value | $383,591 |
| Average Home Value | $440,270 |
Housing Distribution
Address Breakdown
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
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