523 4th St SColumbusMS39701
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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 523 4th St S, Columbus, MS, 39701 generates $1,639/mo in rent and, after a $1,126/mo payment, leaves $172/mo in cash flow. Total monthly income is $1,639/mo, and annual cash flow is $2,064/yr on $76,245 invested. Return on cash invested sits at 22.62% in year one, and rental yield is 8.55% on a $229,999 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,544 over five years. Five-year ROI reaches 117.67% and total cumulative return in cash sums $89,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,639/mo property income rather than buyer’s personal income.
Single Family
Built in 1838
4,233 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39701, Columbus, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,296 (100%) |
| Owner Occupied HU | 2,797 (44.4%) |
| Renter Occupied HU | 2,454 (39.0%) |
| Vacant Housing Units | 1,045 (16.6%) |
| Median Home Value | $162,752 |
| Average Home Value | $251,956 |
Housing Distribution
Address Breakdown
Residential
5,834
Single Family
5,729
Multi-Family
105
Businesses
648
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Listed by: Colin Krieger • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-589
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.