717 Prairie Waters DrColumbusMS39701
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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 717 Prairie Waters Dr, Columbus, MS, 39701 with 5% annual appreciation on a $599,000 basis while $4,374/mo rent supports operations. Total monthly income totals $4,374/mo and a $2,932/mo payment preserves $708/mo for cash returns. Annual cash flow comes to $8,499/yr on $197,071 deployed, and return on cash invested reaches 24.37% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 8.76%. Five-year ROI measures 126.67% and total cumulative return in cash totals $249,634.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,374/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
1.90 Acres 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: Royce Hudspeth • RHETT REAL ESTATE,INC.
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1784
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.