1023 12th St NColumbusMS39701
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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
Investment Highlights
Investment property for sale in Columbus at 1023 12th St N, Columbus, MS, 39701 offers a 9.24% rental yield on a $149,500 purchase with $1,151/mo rent. Total monthly income registers $1,151/mo, and a $732/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,830/yr on $49,559 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $965/yr while 5% annual appreciation supports $41,304 over five years. Portfolio math shows five-year ROI at 133.38% and total cumulative return in cash at $66,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,151/mo property income against a $732/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,865 sqft 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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Listed by: COLIN KRIEGER • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #26-177