113 E Lakeshore DrColumbusMS39705
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 113 E Lakeshore Dr, Columbus, MS, 39705 priced at $545,000 pairs $3,379/mo rent with $43/mo cash flow after a $2,668/mo payment. Total monthly income equals $3,379/mo, and annual cash flow comes to $521/yr on $179,305 invested. Return on cash invested is 20.35% in year one, and rental yield stands at 7.44% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 105.09% and total cumulative return in cash reaches $188,436. For financing, Ziffy Mortgage’s DSCR program evaluates $3,379/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39705, Columbus, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,554 (100%) |
| Owner Occupied HU | 3,494 (53.3%) |
| Renter Occupied HU | 2,286 (34.9%) |
| Vacant Housing Units | 774 (11.8%) |
| Median Home Value | $239,766 |
| Average Home Value | $273,247 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,542
Multi-Family
1,075
Businesses
832
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Listed by: Michelle Mcgill • CRYE-LEIKE PROPERTIES UNLIMITED
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1239
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.