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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Newhebron at 101 Main Ave, Newhebron, MS, 39140 priced at $115,000 converts $1,058/mo rent into $257/mo cash flow after a $563/mo obligation. Total monthly income equals $1,058/mo, and annual cash flow totals $3,086/yr on $38,123 invested. Return on cash invested prints 28% in year one, and rental yield reads 11.04% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 147.37% and total cumulative return in cash sums $56,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,058/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1951
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 39140, Newhebron, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 693 (68.3%) |
| Renter Occupied HU | 132 (13.0%) |
| Vacant Housing Units | 189 (18.6%) |
| Median Home Value | $106,101 |
| Average Home Value | $158,207 |
Residential
924
Single Family
924
Multi-Family
0
Businesses
50
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $1933.93 | 0.34% | $13,017 | N/A |
| 2022-01-28 | $1927.42 | 2.41% | $13,017 | N/A |
| 2021-01-28 | $1882.12 | 1.40% | $13,017 | 1.40% |
Listed by: Jay Walker • Exit Realty Legacy Group
Mls Name: MLS United
Mls ID: #4101211
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
