1021 Firefly LnSummitMS39666
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Summit at 1021 Firefly Ln, Summit, MS, 39666 at $299,900 posts ROI 23.01% with $257/mo cash flow from $2,092/mo rent. Total monthly income equals $2,092/mo, and annual cash flow records $3,080/yr on $99,417 to close. Return on cash invested measures 23.01% and rental yield reads 8.37% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 119.37% and total cumulative return in cash totals $118,672.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,092/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
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Nearby investment properties with comparable prices
Listed by: Kristen Mcbeth • United Country-Southern States Realty
Mls Name: Southwest Mississippi BOR
Mls ID: #140514
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.