1028 Highway 7 SWater ValleyMS38965
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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 Water Valley at 1028 Highway 7 S, Water Valley, MS, 38965 earns $230/mo cash flow from $2,524/mo rent with a $1,835/mo payment. Total monthly income totals $2,524/mo, and annual cash flow totals $2,757/yr on $124,279 capital. ROI tracks 22.13% on current figures, and rental yield reads 8.08% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 114.64% and total cumulative return in cash sums $142,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,524/mo property income instead of your personal income.
Single Family
Built in 1940
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38965, Water Valley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,458 (100%) |
| Owner Occupied HU | 2,892 (64.9%) |
| Renter Occupied HU | 889 (19.9%) |
| Vacant Housing Units | 677 (15.2%) |
| Median Home Value | $150,475 |
| Average Home Value | $174,296 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,957
Multi-Family
62
Businesses
307
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Listed by: Steve King • 1st Rate Real Estate and Land Co., LLC
Mls Name: NCMBR
Mls Provider:
Mls ID: #156816
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.