1014 College StColumbusMS39701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Columbus at 1014 College St, Columbus, MS, 39701 generates $1,932/mo in rent and, after a $1,419/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,932/mo, and annual cash flow is $1,893/yr on $96,135 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 7.99% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 113.32% and total cumulative return in cash sums $108,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,932/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.39 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 |
Housing Distribution
Address Breakdown
Residential
5,834
Single Family
5,729
Multi-Family
105
Businesses
648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JACQUELYN VAUGHN • MCBRIDE & COMPANY REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1590