








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 Columbia at 979 Rip Steele Rd, Columbia, TN, 38401 earns from $4,457/mo rent with a $3,916/mo payment. Total monthly income totals $4,457/mo. ROI tracks 18.55% on current figures, and rental yield reads 6.69% at a $799,999 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 95.23% and total cumulative return in cash sums $250,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,457/mo property income instead of your personal income.
Single Family
Built in 2004
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,552 (100%) |
| Owner Occupied HU | 19,842 (64.9%) |
| Renter Occupied HU | 8,481 (27.8%) |
| Vacant Housing Units | 2,229 ( 7.3%) |
| Median Home Value | $383,591 |
| Average Home Value | $440,270 |
Residential
28,684
Single Family
26,673
Multi-Family
2,011
Businesses
1,855
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: Elizabeth Payne • Coldwell Banker Southern Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2939470