1005 Jamie CvNew AlbanyMS38652
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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 New Albany at 1005 Jamie Cv, New Albany, MS, 38652 uses $184,207 cash to close to unlock $11,689/yr annual cash flow and $974/mo monthly cash flow. Total monthly income runs $4,679/mo, and a $2,740/mo payment keeps the spread at $974/mo. Purchase price stands at $559,900, and rental yield measures 10.03% with $4,679/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 138.23% and total cumulative return in cash records $254,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,679/mo property income covering a $2,740/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38652, New Albany, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,643 (100%) |
| Owner Occupied HU | 5,086 (66.5%) |
| Renter Occupied HU | 1,831 (24.0%) |
| Vacant Housing Units | 726 ( 9.5%) |
| Median Home Value | $176,246 |
| Average Home Value | $225,845 |
Housing Distribution
Address Breakdown
Residential
7,117
Single Family
6,950
Multi-Family
167
Businesses
843
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Listed by: Marshall Jenkins • JHB Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3503
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.