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Market MapColumbus, MS
Metropolitan Area

Columbus, MS

Mississippi08 counties
75
/100
Strong Buy
#70 of 894 metros
Top 8% nationally for investing

Market Snapshot

$178,027
Median Home Price
27% below national median
$1,353/mo
Median Rent
2% below national median
9.12%
Rent-to-Price Ratio
Top 4% nationally
-$54
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$178,027
Down Payment (20%)$35,605
Loan Amount$142,422
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,353
Monthly P&I-$933
Est. Expenses (35%)-$473
Net Cash Flow-$53/mo
5.9%
Cap Rate (all cash)
-1.6%
Cash-on-Cash Return
9.12%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.9% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
75/100
75
Cash Flow(30%)
91/100

Based on 9.12% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
67/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
92/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (9.12%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)
  • +Large metro with 8 counties offering diverse opportunities

Challenges

  • -Negative leverage (cap rate 5.9% < mortgage rate 6.9%)

Counties in Columbus, MS

Best Overall
Madison
OH - Score: 63
Most Affordable
Morrow
OH - Score: 61
Verdict
MadisonOH
43,96163$304,534$1,8487.28%BuyView
MorrowOH
35,04961$270,100Est.BuyView
LickingOH
178,84460$327,794$1,6305.97%BuyView
PickawayOH
58,80960$318,045$1,4045.30%BuyView
FranklinOH
1,318,14959$288,459$1,4786.15%HoldView
UnionOH
63,41157$401,002$1,5344.59%HoldView
FairfieldOH
159,37155$354,420$1,4724.98%HoldView
DelawareOH
216,07450$502,957$1,5493.70%HoldView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Decatur, IL
Decatur, IL
85$118,242$1,02110.36%Strong BuyView
Connersville, IN
Connersville, IN
82$158,083Est.Strong BuyView
Paducah, KY
Paducah, KY
82$165,710$1,2919.35%Strong BuyView
Indiana, PA
Indiana, PA
82$158,790$1,37610.40%Strong BuyView
Enid, OK
Enid, OK
81$137,435$1,0769.39%Strong BuyView
Current
Columbus, MS
75$178,027$1,3539.12%Strong Buy

The Bottom Line

Strong BuyColumbus, MS is a strong buy market with excellent fundamentals for buy-and-hold investors.

The Columbus, MS metro area scores 75/100, ranking #70 of 894 US metros (top 8%). The 9.12% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential across the metro. Among 8 counties, Madison shows the strongest investment potential (score: 63).

Monthly Cash Flow
$-54/mo
Cap Rate
5.9%
Cash-on-Cash
-1.8%

Ready to Invest in Columbus, MS?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyMadison
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