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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Summit at 1031 Diane Cir, Summit, MS, 39666 with 5% annual appreciation on a $225,000 basis while $0/mo rent supports operations. 24% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
| 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 |
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-23 | $695.81 | 2.33% | $10,099 | N/A |
| 2022-03-23 | $679.94 | N/A | $10,099 | 665.08% |
| 2021-03-23 | N/A | N/A | $1,320 | N/A |
No similar rental properties found nearby.
Listed by: Kalynthia Addison • Addison Realty, LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #144212
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