124 Airline RdColumbusMS39702
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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 124 Airline Rd, Columbus, MS, 39702 priced at $104,900 converts $817/mo rent into $160/mo cash flow after a $513/mo obligation. Total monthly income equals $817/mo, and annual cash flow totals $1,917/yr on $34,774 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 9.35% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 132.56% and total cumulative return in cash sums $46,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $817/mo property income covering a $513/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39702, Columbus, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,496 (100%) |
| Owner Occupied HU | 6,299 (66.3%) |
| Renter Occupied HU | 2,493 (26.3%) |
| Vacant Housing Units | 704 ( 7.4%) |
| Median Home Value | $153,354 |
| Average Home Value | $192,579 |
Housing Distribution
Address Breakdown
Residential
9,258
Single Family
8,523
Multi-Family
735
Businesses
512
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Listed by: COLBY SHAW • CRYE-LEIKE PROPERTIES UNLIMITED
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-893
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.