








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Columbus at 8259 Lantern Ln, Columbus, GA, 31904 offers a 8.9% rental yield on a $233,000 purchase with $1,728/mo rent. Total monthly income registers $1,728/mo, and a $1,140/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,724/yr on $77,240 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $1,504/yr while 5% annual appreciation supports $64,374 over five years. Portfolio math shows five-year ROI at 128.59% and total cumulative return in cash at $99,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,728/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
10,018 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jean Pender • Champions Realty
Mls Name: CBORGA
Mls ID: #224083