24 Improve RdColumbiaMS39429
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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 Columbia at 24 Improve Rd, Columbia, MS, 39429 with 5% annual appreciation on a $179,000 basis while $1,488/mo rent supports operations. Total monthly income totals $1,488/mo and a $876/mo payment preserves $393/mo for cash returns. Annual cash flow comes to $4,713/yr on $59,339 deployed, and return on cash invested reaches 27.85% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 9.98%. Five-year ROI measures 145.37% and total cumulative return in cash totals $86,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,488/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
1 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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