824 Winston RdColumbusGA31903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Columbus at 824 Winston Rd, Columbus, GA, 31903 priced at $245,000 converts $1,933/mo rent into $423/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,933/mo, and annual cash flow totals $5,072/yr on $81,218 invested. Return on cash invested prints 26.15% in year one, and rental yield reads 9.47% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 136.32% and total cumulative return in cash sums $110,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,933/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31903, Columbus, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,786 (100%) |
| Owner Occupied HU | 2,531 (25.9%) |
| Renter Occupied HU | 5,690 (58.1%) |
| Vacant Housing Units | 1,565 (16.0%) |
| Median Home Value | $82,737 |
| Average Home Value | $147,511 |
Housing Distribution
Address Breakdown
Residential
8,342
Single Family
6,789
Multi-Family
1,553
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Register • Bickerstaff Parham, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #222490
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.