124 Woolbright StColumbusMS39702
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 124 Woolbright St, Columbus, MS, 39702 listed at $185,000 pairs $1,354/mo rent with a $905/mo payment to leave $222/mo cash flow. Total monthly income runs $1,354/mo, and annual cash flow reaches $2,669/yr on $61,328 cash to close. Return on cash invested measures 24.26% in year one, and rental yield registers 8.78% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 126.11% and total cumulative return in cash totals $77,343. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,354/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PAMELA LOWRY • ELEVATION REAL ESTATE GROUP
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1657