807 Central AveColumbiaMS39429
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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 Columbia at 807 Central Ave, Columbia, MS, 39429 uses $34,774 cash to close to unlock $2,874/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $881/mo, and a $513/mo payment keeps the spread at $240/mo. Purchase price stands at $104,900, and rental yield measures 10.08% with $881/mo rent. Return on cash invested shows 28.17% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 147.16% and total cumulative return in cash records $51,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $881/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1950
8,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39429, Columbia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,313 (100%) |
| Owner Occupied HU | 4,814 (65.8%) |
| Renter Occupied HU | 1,381 (18.9%) |
| Vacant Housing Units | 1,118 (15.3%) |
| Median Home Value | $157,194 |
| Average Home Value | $189,850 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,526
Multi-Family
291
Businesses
712
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Listed by: April Smith • eXp Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #141962
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.