320 Florence StColumbusMS39702
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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 Columbus at 320 Florence St, Columbus, MS, 39702 earns $111/mo cash flow from $789/mo rent with a $489/mo payment. Total monthly income totals $789/mo, and annual cash flow totals $1,334/yr on $33,150 capital. ROI tracks 23.93% on current figures, and rental yield reads 9.47% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 125.33% and total cumulative return in cash sums $41,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $789/mo property income instead of your personal income.
Single Family
Built in 1960
0.28 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
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Listed by: Donta Yates • CRYE-LEIKE PROPERTIES UNLIMITED
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-750
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.