373 Smith Mill RdColumbusMS39702
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
Total monthly income runs $1,514/mo, and a $1,542/mo payment. Purchase price stands at $315,000, and rental yield measures 5.77% with $1,514/mo rent. Return on cash invested shows 15.15% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 77.29% and total cumulative return in cash records $80,705. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,514/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4 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: Jacob Hanson • SmallTown Properties
Mls Name: REALSTACK
Mls ID: #84881