701 11th Ave 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
Investment property for sale in Columbus at 701 11th Ave S, Columbus, MS, 39701 listed at $149,500 pairs $1,189/mo rent with a $732/mo payment to leave $233/mo cash flow. Total monthly income runs $1,189/mo, and annual cash flow reaches $2,790/yr on $49,559 cash to close. Return on cash invested measures 25.54% in year one, and rental yield registers 9.54% at a $149,500 basis. Equity gained on principal adds $965/yr, and annual property appreciation at 5% supports $41,304 by year five. Five-year ROI tracks 133.35% and total cumulative return in cash totals $66,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,189/mo property income relative to a $732/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
9,894 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: RAVEN PHINIZEE • LEGACY REAL ESTATE GROUP
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1344
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.