2702 Highway 44ColumbiaMS39429
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 Columbia at 2702 Highway 44, Columbia, MS, 39429 offers a 9.09% rental yield on a $140,000 purchase with $1,061/mo rent. Total monthly income registers $1,061/mo, and a $685/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,454/yr on $46,410 to close, and return on cash invested stands at 25.2% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 131.17% and total cumulative return in cash at $60,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,061/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Thornhill • Tanya Holland Real Estate LLC
Mls Name: HSMLS
Mls ID: #143319