1023 Rowland RdPontotocMS38863
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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 Pontotoc at 1023 Rowland Rd, Pontotoc, MS, 38863 offers $894/mo rent that, after a $710/mo payment, leaves $6/mo cash flow. Total monthly income is $894/mo, and annual cash flow is $76/yr on $48,068 cash. Return on cash invested measures 20.07% in year one, and rental yield stands at 7.4% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 103.67% and total cumulative return in cash reaches $49,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $894/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
9.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Housing Distribution
Address Breakdown
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
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Listed by: Brandie Brown Thomas • SOUTHERN HILLS REALTY&APPRAISAL, INC.
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1508
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.