127 E Cherry StColumbusMS39702
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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 127 E Cherry St, Columbus, MS, 39702 earns $114/mo cash flow from $1,981/mo rent with a $1,493/mo payment. Total monthly income totals $1,981/mo, and annual cash flow totals $1,373/yr on $101,108 capital. ROI tracks 21.27% on current figures, and rental yield reads 7.79% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 110.04% and total cumulative return in cash sums $111,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,981/mo property income instead of your personal income.
Single Family
Built in 1978
0.67 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: MICHELLE MCGILL • REAL BROKER, LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1864
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.