103 Rew StNewtonMS39345
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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 Newton at 103 Rew St, Newton, MS, 39345 at $159,000 posts ROI 26.47% with $288/mo cash flow from $1,261/mo rent. Total monthly income equals $1,261/mo, and annual cash flow records $3,459/yr on $52,709 to close. Return on cash invested measures 26.47% and rental yield reads 9.52% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 138.01% and total cumulative return in cash totals $72,744.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,261/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39345, Newton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,708 (63.4%) |
| Renter Occupied HU | 631 (23.4%) |
| Vacant Housing Units | 354 (13.1%) |
| Median Home Value | $111,066 |
| Average Home Value | $199,542 |
Housing Distribution
Address Breakdown
Residential
2,703
Single Family
2,587
Multi-Family
116
Businesses
329
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Listed by: Tori Burns • Joyce Holifield Realty
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #24-977
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.