1001 Sleepy Hollow RdMyrtleMS38650
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 Myrtle at 1001 Sleepy Hollow Rd, Myrtle, MS, 38650 uses $79,560 cash to close to unlock $2,628/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $1,175/mo payment keeps the spread at $219/mo. Purchase price stands at $240,000, and rental yield measures 8.44% with $1,688/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 120.46% and total cumulative return in cash records $95,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38650, Myrtle, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,864 (100%) |
| Owner Occupied HU | 1,391 (74.6%) |
| Renter Occupied HU | 301 (16.1%) |
| Vacant Housing Units | 172 ( 9.2%) |
| Median Home Value | $165,487 |
| Average Home Value | $170,933 |
Housing Distribution
Address Breakdown
Residential
1,654
Single Family
1,654
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Pernell • Rachel Ray Real Estate LLC
Mls Name: NMMLS
Mls ID: #26-105