36 Barber DrColumbiaMS39429
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
Rental property for sale in Columbia at 36 Barber Dr, Columbia, MS, 39429 offers $1,484/mo rent that, after a $969/mo payment, leaves $272/mo cash flow. Total monthly income is $1,484/mo, and annual cash flow is $3,269/yr on $65,637 cash. Return on cash invested measures 24.89% in year one, and rental yield stands at 8.99% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 129.5% and total cumulative return in cash reaches $85,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,484/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.54 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: Fred Buhrer • Fred Buhrer Real Estate, Inc.
Mls Name: HSMLS
Mls ID: #144703