1008 E Georgetown StCrystal SpringsMS39059
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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 Crystal Springs at 1008 E Georgetown St, Crystal Springs, MS, 39059 generates $1,531/mo in rent and, after a $783/mo payment, leaves $552/mo in cash flow. Total monthly income is $1,531/mo, and annual cash flow is $6,625/yr on $53,007 invested. Return on cash invested sits at 32.41% in year one, and rental yield is 11.49% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 169.87% and total cumulative return in cash sums $90,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,531/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39059, Crystal Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,645 (69.6%) |
| Renter Occupied HU | 1,023 (19.5%) |
| Vacant Housing Units | 572 (10.9%) |
| Median Home Value | $113,603 |
| Average Home Value | $172,632 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,613
Multi-Family
149
Businesses
347
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Listed by: Chad Robinson • Keystone Realty Corporation
Mls Name: MLS United
Mls ID: #4098401
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.