1211 12th Ave 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 1211 12th Ave N, Columbus, MS, 39701 uses $51,383 cash to close to unlock $2,954/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,195/mo, and a $759/mo payment keeps the spread at $246/mo. Purchase price stands at $155,000, and rental yield measures 9.25% with $1,195/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.66% and total cumulative return in cash records $68,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1985
7,425 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: KALEENA RICHARDSON • LEGACY REAL ESTATE GROUP
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1627
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.