Affordable Brick Investment
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Affordable entry point: With an estimated value in the ~$110K–$130K range, this property offers a low-cost way into the Columbus rental market.
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Strong rent-to-price ratio: If rent is ~$1,350/month, the potential annual rent (~$16,200) over a purchase value of ~$110K gives promising cash-flow dynamics.
- Location in 31907 ZIP: A stable rental market in East Columbus, with demand for modest single-family homes.
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Value-add potential: While already rentable, the property may benefit from updates (bathroom refresh, flooring, kitchens) to boost rent or resale value.
ARV: $135,000 based on the following comps:
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770 Andrea Dr, Columbus, GA 31907– 3 Bed / 1 Bath (1,160 SqFt) sold for $120,000 on 07/14/2025
- 746 Andrea Dr, Columbus, GA 31907- 2 Bed / 1 Bath (1,026 SqFt) sold for $162,000 on 09/19/2025
To submit an offer or set up a viewing:
📞 Contact Jacob Casarez at (706) 760-6678
📧 Email: jcasarez@lettscompanies.com