732 Thornton DrColumbusMS39702
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 732 Thornton Dr, Columbus, MS, 39702 priced at $154,900 converts $1,173/mo rent into $225/mo cash flow after a $758/mo obligation. Total monthly income equals $1,173/mo, and annual cash flow totals $2,703/yr on $51,349 invested. Return on cash invested prints 25.17% in year one, and rental yield reads 9.09% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 131.07% and total cumulative return in cash sums $67,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,173/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39702, Columbus, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,496 (100%) |
| Owner Occupied HU | 6,299 (66.3%) |
| Renter Occupied HU | 2,493 (26.3%) |
| Vacant Housing Units | 704 ( 7.4%) |
| Median Home Value | $153,354 |
| Average Home Value | $192,579 |
Housing Distribution
Address Breakdown
Residential
9,258
Single Family
8,523
Multi-Family
735
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Javonne Macklin • eXp Realty
Mls Name: MLS United
Mls ID: #4130673