1011 County Road 10Hickory FlatMS38633
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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 Hickory Flat at 1011 County Road 10, Hickory Flat, MS, 38633 uses $65,969 cash to close to unlock $4,695/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,609/mo, and a $974/mo payment keeps the spread at $391/mo. Purchase price stands at $199,000, and rental yield measures 9.7% with $1,609/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 140.97% and total cumulative return in cash records $92,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,609/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38633, Hickory Flat, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 673 (58.2%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 281 (24.3%) |
| Median Home Value | $116,634 |
| Average Home Value | $138,659 |
Housing Distribution
Address Breakdown
Residential
976
Single Family
976
Multi-Family
0
Businesses
38
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Listed by: Frankie Mcmillin • J. Morris Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-74
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.