ZIP CODE 31907 // COLUMBUS, GA-AL // DATA AS OF 2026-09-30
Columbus, GA (31907) Rental Property Cap Rate & Cash Flow Report
Located in Muscogee County (Columbus, GA), Zip Code 31907 ranks #9 of 500 within this selected sample (98th percentile) with a Zillow ZHVI typical home-value index of $161,807 (+3.8% YoY) and a ZORI observed market rent of $1,276/mo (+6.1% YoY). Cash-flow positive at standard 20% down payment (break-even down payment: 9.0%). This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
+$113/mo
Annual: +$1,351/yr
Modeled Cap Rate
6.90%
NOI: $11,169/yr
Cash-on-Cash Return
3.63%
Cash Needed: $37,216
1% Rule Ratio
0.79%
Gross Yield: 9.46%
Break-Even Rent
$1,147/mo
State Tax: 0.83%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 31907 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (GA Avg 0.83%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$818/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$345/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (31907)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $122,347 | $995/mo | 9.76% |
| 2022 | $139,613 | $1,070/mo | 9.20% |
| 2023 | $145,545 | $1,094/mo | 9.02% |
| 2024 | $154,388 | $1,152/mo | 8.95% |
| 2025 | $155,865 | $1,202/mo | 9.25% |
| 2026 | $161,807 | $1,276/mo | 9.46% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 30349 Atlanta, GA | $250,672 | $1,782/mo | 6.09% | +$5/mo |
| 30058 Lithonia, GA | $243,564 | $1,710/mo | 6.00% | -$14/mo |
| 30016 Covington, GA | $285,565 | $1,905/mo | 5.63% | -$103/mo |
| 30331 Atlanta, GA | $265,700 | $1,754/mo | 5.56% | -$112/mo |
| 30135 Douglasville, GA | $313,705 | $2,017/mo | 5.38% | -$179/mo |
| 30052 Loganville, GA | $387,807 | $2,356/mo | 5.01% | -$341/mo |