42 Timber DrColumbusMS39705
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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 42 Timber Dr, Columbus, MS, 39705 with 5% annual appreciation on a $184,000 basis while $1,397/mo rent supports operations. Total monthly income totals $1,397/mo and a $901/mo payment preserves $271/mo for cash returns. Annual cash flow comes to $3,247/yr on $60,996 deployed, and return on cash invested reaches 25.23% in year one. Equity gained on principal adds $1,187/yr, and five-year appreciation sums $50,836 alongside rental yield of 9.11%. Five-year ROI measures 131.34% and total cumulative return in cash totals $80,113.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,397/mo property income versus a $901/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39705, Columbus, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,554 (100%) |
| Owner Occupied HU | 3,494 (53.3%) |
| Renter Occupied HU | 2,286 (34.9%) |
| Vacant Housing Units | 774 (11.8%) |
| Median Home Value | $239,766 |
| Average Home Value | $273,247 |
Housing Distribution
Address Breakdown
Residential
6,617
Single Family
5,542
Multi-Family
1,075
Businesses
832
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Listed by: DAWN FIELD • PHILIP GOOD REALTY
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-2535