100 Wood StBatesvilleMS38606
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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 Batesville at 100 Wood St, Batesville, MS, 38606 priced at $120,000 converts $936/mo rent into $202/mo cash flow after a $587/mo obligation. Total monthly income equals $936/mo, and annual cash flow totals $2,424/yr on $39,780 invested. Return on cash invested prints 26% in year one, and rental yield reads 9.36% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 135.43% and total cumulative return in cash sums $53,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $936/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
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Listed by: Sophie R Barron • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4131682