289 Ginger LnColumbusMS39702
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 289 Ginger Ln, Columbus, MS, 39702 in Columbus. At $266,000 it earns $2,052/mo in rent and distributes $424/mo to the owner after the $1,196/mo payment, a consistent 9.26% yield. DSCR 1.72 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $73,491 in value; $2,450/yr in principal paydown compounds ownership stake. Total projected return: $128,135.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $424 | $450 |
City averages based on Columbus market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,052 |
| Total Monthly Debt Service | $1,522 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.60 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
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
Single Family
Built in N/A
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tina Beth Lusk • Pathway Real Estate
Mls Name: NMMLS
Mls ID: #25-4389