102 S Central DrBoonevilleMS38829
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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 Booneville at 102 S Central Dr, Booneville, MS, 38829 generates $1,105/mo in rent and, after a $685/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,105/mo, and annual cash flow is $2,982/yr on $46,410 invested. Return on cash invested sits at 26.33% in year one, and rental yield is 9.47% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 137.27% and total cumulative return in cash sums $63,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,105/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
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Listed by: Samona Smith • Supreme Realty & Associates
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1994
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.