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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% |
Investment property for sale in Summit at 1015 Walker Ln, Summit, MS, 39666 earns $154/mo cash flow from $1,807/mo rent with a $1,322/mo payment. Total monthly income totals $1,807/mo, and annual cash flow totals $1,851/yr on $89,505 capital. ROI tracks 21.98% on current figures, and rental yield reads 8.03% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 113.88% and total cumulative return in cash sums $101,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,807/mo property income instead of your personal income.
Single Family
Built in 2012
4.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,888 (100%) |
| Owner Occupied HU | 3,389 (69.3%) |
| Renter Occupied HU | 834 (17.1%) |
| Vacant Housing Units | 665 (13.6%) |
| Median Home Value | $181,895 |
| Average Home Value | $240,043 |
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Listed for sale | $270,000 |
| 2024-07-20 | Contingent | $276,000 |
| 2024-06-26 | Listed for sale | $276,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kelly Parker • United Country-Southern States Realty
Mls Name: Southwest Mississippi BOR
Mls ID: #141640
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.
