1011 County Road 199Blue SpringsMS38828
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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 Blue Springs at 1011 County Road 199, Blue Springs, MS, 38828 generates $1,100/mo in rent, after a $903/mo payment. Total monthly income is $1,100/mo. Return on cash invested sits at 19.34% in year one, and rental yield is 7.15% on a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation builds toward $50,974 over five years. Five-year ROI reaches 99.69% and total cumulative return in cash sums $60,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,100/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38828, Blue Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,079 (100%) |
| Owner Occupied HU | 1,501 (72.2%) |
| Renter Occupied HU | 358 (17.2%) |
| Vacant Housing Units | 220 (10.6%) |
| Median Home Value | $179,861 |
| Average Home Value | $307,605 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
69
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Listed by: Payne Dunn • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4314
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.