0 County Road 4130New SiteMS38859
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 New Site at 0 County Road 4130, New Site, MS, 38859 offers a 10.32% rental yield on a $110,000 purchase with $946/mo rent. Total monthly income registers $946/mo, and a $538/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,279/yr on $36,465 to close, and return on cash invested stands at 28.9% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 151.08% and total cumulative return in cash at $55,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $946/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
48.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38859, New Site, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 445 (100%) |
| Owner Occupied HU | 297 (66.7%) |
| Renter Occupied HU | 31 ( 7.0%) |
| Vacant Housing Units | 117 (26.3%) |
| Median Home Value | $130,921 |
| Average Home Value | $175,219 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
8
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Nearby investment properties with comparable prices
Listed by: James Kyle Skinner • STARKVILLE PROPERTIES
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1013
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.