1029 W 6th StPrentissMS39474
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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 Prentiss at 1029 W 6th St, Prentiss, MS, 39474 listed at $169,000 pairs $1,283/mo rent with a $827/mo payment to leave $249/mo cash flow. Total monthly income runs $1,283/mo, and annual cash flow reaches $2,988/yr on $56,024 cash to close. Return on cash invested measures 25.24% in year one, and rental yield registers 9.11% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 131.31% and total cumulative return in cash totals $73,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,283/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1934
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39474, Prentiss, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,891 (70.3%) |
| Renter Occupied HU | 422 (15.7%) |
| Vacant Housing Units | 376 (14.0%) |
| Median Home Value | $104,816 |
| Average Home Value | $152,831 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,160
Multi-Family
0
Businesses
157
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Listed by: Gayle Wilson • Laurel Hometown Realty LLC
Mls Name: LBOR
Mls ID: #37332