763 Corley DrColumbusGA31907
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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 763 Corley Dr, Columbus, GA, 31907 uses $38,123 cash to close to unlock $2,248/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $899/mo, and a $563/mo payment keeps the spread at $187/mo. Purchase price stands at $115,000, and rental yield measures 9.38% with $899/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 134.56% and total cumulative return in cash records $51,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $899/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1967
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31907, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,947 (100%) |
| Owner Occupied HU | 13,056 (52.3%) |
| Renter Occupied HU | 10,137 (40.6%) |
| Vacant Housing Units | 1,754 ( 7.0%) |
| Median Home Value | $192,585 |
| Average Home Value | $229,732 |
Housing Distribution
Address Breakdown
Residential
22,511
Single Family
19,216
Multi-Family
3,295
Businesses
916
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Listed by: Viprealestate. Club • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220309
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.