300 E Highland Dr
Columbia, TN 38401
List Price
$209,000
Initial Investment
$56,953Purchase Price
$209,000
Down Payment
25%
Rent
$1,550
Total Return
$167,942
Annualized Return
32.4%
Cap Rate
6.4%
Gross Yield
8.9%
Cash Flow
$1,262
Appreciation
12.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Located perfectly in the heart of Columbia, this 3 bed, 2 bath home is close to restaurants, shopping, entertainment, and more! This would be a great investment property or a perfect home for a first time home buyer! This cozy home has been remodeled and is just minutes from Downtown Columbia. This home has an over-sized corner lot for BBQ's and a convenient floor plan. All appliances stay - the home is currently rented month to month. Investors can buy this home or buy a portfolio with 3 homes, including 1007 Adair Ave (Columbia) and 410 Hill St (Mt Pleasant). Homes have a proven ROI! Please call agent for more details - DID WE MENTION THE GREAT LOCATION!? Don’t miss this opportunity!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$17,670Expenses
-$3,145Property Taxes
-$1,900Loan Payments
-$11,362Net Cash Flow
$1,262See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Christian Rasmussen
Agent License 344089
Benchmark Realty, LLC
Agent License 344089
Benchmark Realty, LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2805243
Last Updated: 03/17/2025 20:03
MLS #2805243
Last Updated: 03/17/2025 20:03