510 Lincoln RdColumbusMS39705
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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
Rental property for sale in Columbus at 510 Lincoln Rd, Columbus, MS, 39705 priced at $149,999 converts $1,145/mo rent into $227/mo cash flow after a $734/mo obligation. Total monthly income equals $1,145/mo, and annual cash flow totals $2,727/yr on $49,725 invested. Return on cash invested prints 25.39% in year one, and rental yield reads 9.16% against a $149,999 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 132.24% and total cumulative return in cash sums $65,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,145/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1975
10,800 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: COLIN KRIEGER • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1492