1204 11th Ave SColumbusMS39701
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
Investment property for sale in Columbus at 1204 11th Ave S, Columbus, MS, 39701 uses $62,156 cash to close to unlock $7,468/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $918/mo payment keeps the spread at $622/mo. Purchase price stands at $187,500, and rental yield measures 11.33% with $1,770/mo rent. Return on cash invested shows 31.92% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 167.22% and total cumulative return in cash records $103,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $918/mo payment rather than investor’s personal income.
Single Family
Built in 1950
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Banks Gibson • HOMETOWN REALTY (BOF)
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-689
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.