1002 E Main StFultonMS38843
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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 Fulton at 1002 E Main St, Fulton, MS, 38843 listed at $149,900 pairs $1,014/mo rent with a $734/mo payment to leave $96/mo cash flow. Total monthly income runs $1,014/mo, and annual cash flow reaches $1,157/yr on $49,692 cash to close. Return on cash invested measures 22.24% in year one, and rental yield registers 8.12% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 115.28% and total cumulative return in cash totals $57,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,014/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Listed by: Kevin Knight • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-3617