1003 College St, Columbus, MS, 39701 | 7.36% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Columbus at 1003 College St, Columbus, MS, 39701 offers $1,994/mo rent that, after a $1,591/mo payment. Total monthly income is $1,994/mo. Return on cash invested measures 18.85% in year one, and rental yield stands at 7.36% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 97.47% and total cumulative return in cash reaches $105,013. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,994/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

0.27 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39701, Columbus, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,296 (100%)
Owner Occupied HU	2,797 (44.4%)
Renter Occupied HU	2,454 (39.0%)
Vacant Housing Units	1,045 (16.6%)
Median Home Value	$162,752
Average Home Value	$251,956