1038 Baker RdBatesvilleMS38606
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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 Batesville at 1038 Baker Rd, Batesville, MS, 38606 uses $71,273 cash to close to unlock $392/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $1,052/mo payment keeps the spread at $33/mo. Purchase price stands at $215,000, and rental yield measures 7.52% with $1,348/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 105.72% and total cumulative return in cash records $75,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1988
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
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Listed by: Chris Lott • Lott Realty
Mls Name: NCMBR
Mls Provider:
Mls ID: #160133
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.