812 Spruce StColumbusMS39702
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
Investment property for sale in Columbus at 812 Spruce St, Columbus, MS, 39702 with 5% annual appreciation on a $122,500 basis while $1,416/mo rent supports operations. Total monthly income totals $1,416/mo and a $600/mo payment preserves $639/mo for cash returns. Annual cash flow comes to $7,667/yr on $40,609 deployed, and return on cash invested reaches 38.79% in year one. Equity gained on principal adds $790/yr, and five-year appreciation sums $33,844 alongside rental yield of 13.87%. Five-year ROI measures 204.31% and total cumulative return in cash totals $82,968.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,416/mo property income versus a $600/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A