1001 McKee StMount OliveMS39119
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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 Mount Olive at 1001 McKee St, Mount Olive, MS, 39119 earns $180/mo cash flow from $791/mo rent with a $489/mo payment. Total monthly income totals $791/mo, and annual cash flow totals $2,154/yr on $33,150 capital. ROI tracks 26.41% on current figures, and rental yield reads 9.49% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 137.68% and total cumulative return in cash sums $45,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $791/mo property income instead of your personal income.
Single Family
Built in 2005
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39119, Mount Olive, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,656 (69.4%) |
| Renter Occupied HU | 359 (15.1%) |
| Vacant Housing Units | 370 (15.5%) |
| Median Home Value | $119,605 |
| Average Home Value | $170,157 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,142
Multi-Family
45
Businesses
81
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Listed by: Audarshia L Flagg • Main Street Realty LLC
Mls Name: MLS United
Mls ID: #4093480
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.