1024 Sabrina DrSummitMS39666
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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
Investment property for sale in Summit at 1024 Sabrina Dr, Summit, MS, 39666 uses $96,135 cash to close to unlock $4,197/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $2,124/mo, and a $1,419/mo payment keeps the spread at $350/mo. Purchase price stands at $290,000, and rental yield measures 8.79% with $2,124/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 126.15% and total cumulative return in cash records $121,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,124/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1992
10.48 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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Listed by: Terri Bowens • Royal Chateau Realty, LLC
Mls Name: MLS United
Mls ID: #4125282