957 Chesapeake WayColumbusGA31907
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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 Columbus at 957 Chesapeake Way, Columbus, GA, 31907 generates $2,010/mo in rent and, after a $697/mo payment, leaves $1,088/mo in cash flow. Total monthly income is $2,010/mo, and annual cash flow is $13,060/yr on $47,239 invested. Return on cash invested sits at 47.56% in year one, and rental yield is 16.93% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 251.55% and total cumulative return in cash sums $118,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6,050 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: Wayne Long • Real Broker, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #214598
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.