618 4th St SColumbusMS39701
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 Columbus at 618 4th St S, Columbus, MS, 39701 offers $1,607/mo rent that, after a $805/mo payment, leaves $557/mo cash flow. Total monthly income is $1,607/mo, and annual cash flow is $6,688/yr on $54,499 cash. Return on cash invested measures 32.18% in year one, and rental yield stands at 11.73% at a $164,400 entry. Equity gained on principal adds $1,061/yr while 5% annual appreciation compounds into $45,421 by year five. Five-year ROI records 168.96% and total cumulative return in cash reaches $92,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,607/mo property income versus a $805/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,328 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: Megan Banks Gibson • HOMETOWN REALTY (BOF)
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1838
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.