301 1st St S, Columbus, MS, 39701 | $34/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbus at 301 1st St S, Columbus, MS, 39701 offers a 8.06% rental yield on a $275,000 purchase with $1,847/mo rent. Total monthly income registers $1,847/mo, and a $1,346/mo payment leaves $34/mo available for distribution. Annual cash flow reaches $410/yr on $91,163 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 105.83% and total cumulative return in cash at $96,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1995

8,640 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39701, Columbus, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,296 (100%)
Owner Occupied HU	2,797 (44.4%)
Renter Occupied HU	2,454 (39.0%)
Vacant Housing Units	1,045 (16.6%)
Median Home Value	$162,752
Average Home Value	$251,956