1798 Old Highway 35 NColumbiaMS39429
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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 Columbia at 1798 Old Highway 35 N, Columbia, MS, 39429 generates $1,856/mo in rent and, after a $804/mo payment, leaves $851/mo in cash flow. Total monthly income is $1,856/mo, and annual cash flow is $10,210/yr on $54,432 invested. Return on cash invested sits at 38.67% in year one, and rental yield is 13.56% on a $164,200 entry. Equity gained on principal adds $1,060/yr, while 5% annual appreciation builds toward $45,365 over five years. Five-year ROI reaches 203.35% and total cumulative return in cash sums $110,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,856/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39429, Columbia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,313 (100%) |
| Owner Occupied HU | 4,814 (65.8%) |
| Renter Occupied HU | 1,381 (18.9%) |
| Vacant Housing Units | 1,118 (15.3%) |
| Median Home Value | $157,194 |
| Average Home Value | $189,850 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,526
Multi-Family
291
Businesses
712
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Listed by: N/A • N/A
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