0 Highway 13/percy Bates RdOak ValeMS39656
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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
Rental property for sale in Oak Vale at 0 Highway 13/percy Bates Rd, Oak Vale, MS, 39656 priced at $126,000 converts $902/mo rent into $131/mo cash flow after a $617/mo obligation. Total monthly income equals $902/mo, and annual cash flow totals $1,568/yr on $41,769 invested. Return on cash invested prints 23.66% in year one, and rental yield reads 8.59% against a $126,000 entry. Equity gained on principal adds $813/yr, while 5% annual appreciation compiles into $34,811 by year five. Five-year ROI reaches 122.92% and total cumulative return in cash sums $51,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $902/mo property income covering a $617/mo payment, not borrower’s personal income.
Lot
Built in N/A
42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39656, Oak Vale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 302 (70.1%) |
| Renter Occupied HU | 44 (10.2%) |
| Vacant Housing Units | 85 (19.7%) |
| Median Home Value | $131,818 |
| Average Home Value | $140,927 |
Housing Distribution
Address Breakdown
Residential
378
Single Family
378
Multi-Family
0
Businesses
11
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Listed by: John Miles McNeese • River Ridge Properties, LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #136864
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.