1035 Highway 590EllisvilleMS39437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ellisville at 1035 Highway 590, Ellisville, MS, 39437 offers a 9.31% rental yield on a $149,900 purchase with $1,163/mo rent. Total monthly income registers $1,163/mo, and a $734/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,945/yr on $49,692 to close, and return on cash invested stands at 25.83% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 134.6% and total cumulative return in cash at $66,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,163/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39437, Ellisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,334 (100%) |
| Owner Occupied HU | 3,863 (72.4%) |
| Renter Occupied HU | 884 (16.6%) |
| Vacant Housing Units | 587 (11.0%) |
| Median Home Value | $184,585 |
| Average Home Value | $211,798 |
Housing Distribution
Address Breakdown
Residential
5,324
Single Family
5,212
Multi-Family
112
Businesses
331
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Listed by: Aritt Davis • Real Broker
Mls Name: HSMLS
Mls ID: #143547