1119 College StColumbusMS39701
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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
Rental property for sale in Columbus at 1119 College St, Columbus, MS, 39701 generates $1,628/mo in rent and, after a $1,026/mo payment, leaves $301/mo in cash flow. Total monthly income is $1,628/mo, and annual cash flow is $3,613/yr on $69,482 invested. Return on cash invested sits at 25.11% in year one, and rental yield is 9.32% on a $209,600 entry. Equity gained on principal adds $1,353/yr, while 5% annual appreciation builds toward $57,909 over five years. Five-year ROI reaches 130.98% and total cumulative return in cash sums $91,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,628/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,646 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A