901 Broad StColumbiaMS39429
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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 901 Broad St, Columbia, MS, 39429 uses $49,725 cash to close to unlock $2,823/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,153/mo, and a $734/mo payment keeps the spread at $235/mo. Purchase price stands at $150,000, and rental yield measures 9.22% with $1,153/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 133.25% and total cumulative return in cash records $66,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,153/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.33 Acres 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: Robert Logan Kemp • Patricia Cooper Real Estate
Mls Name: HSMLS
Mls ID: #144795