1116 West AveColumbiaMS39429
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 Columbia at 1116 West Ave, Columbia, MS, 39429 generates $1,381/mo in rent, after a $1,150/mo payment. Total monthly income is $1,381/mo. Return on cash invested sits at 19.03% in year one, and rental yield is 7.05% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 98.1% and total cumulative return in cash sums $76,389. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,381/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39429, Columbia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,313 (100%) |
| Owner Occupied HU | 4,814 (65.8%) |
| Renter Occupied HU | 1,381 (18.9%) |
| Vacant Housing Units | 1,118 (15.3%) |
| Median Home Value | $157,194 |
| Average Home Value | $189,850 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,526
Multi-Family
291
Businesses
712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason McMichael • Real Broker, LLC.
Mls Name: MLS United
Mls ID: #4135638
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.