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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 816 2nd Ave, Columbus, GA, 31901 generates $1,914/mo in rent, after a $2,129/mo payment. Total monthly income is $1,914/mo. Return on cash invested sits at 13.81% in year one, and rental yield is 5.28% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 69.98% and total cumulative return in cash sums $100,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31901, Columbus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,340 (100%) |
| Owner Occupied HU | 846 (19.5%) |
| Renter Occupied HU | 2,603 (60.0%) |
| Vacant Housing Units | 891 (20.5%) |
| Median Home Value | $222,959 |
| Average Home Value | $267,423 |
Residential
3,463
Single Family
2,549
Multi-Family
914
Businesses
877
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marina Olaru • Century 21 Premier Real Estate
Mls Name: CBORGA
Mls ID: #223872
