1017 College StColumbusMS39701
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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
Investment property for sale in Columbus at 1017 College St, Columbus, MS, 39701 listed at $310,000 pairs $2,152/mo rent with a $1,517/mo payment to leave $255/mo cash flow. Total monthly income runs $2,152/mo, and annual cash flow reaches $3,063/yr on $102,765 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.33% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 118.75% and total cumulative return in cash totals $122,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,152/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1885
0.33 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
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Nearby investment properties with comparable prices
Listed by: BILL STRAUSS • COLDWELL BANKER FRADY & ASSOCIATES
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-2305