104 Perry DrNew AugustaMS39462
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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 New Augusta at 104 Perry Dr, New Augusta, MS, 39462 uses $46,410 cash to close to unlock $2,370/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,054/mo, and a $685/mo payment keeps the spread at $198/mo. Purchase price stands at $140,000, and rental yield measures 9.03% with $1,054/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 130.18% and total cumulative return in cash records $60,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,054/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39462, New Augusta, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 332 (60.0%) |
| Renter Occupied HU | 115 (20.8%) |
| Vacant Housing Units | 106 (19.2%) |
| Median Home Value | $127,941 |
| Average Home Value | $169,895 |
Housing Distribution
Address Breakdown
Residential
387
Single Family
387
Multi-Family
0
Businesses
49
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Listed by: Joe Brumfield • Vines Realty & Land
Mls Name: HSMLS
Mls Provider:
Mls ID: #141857
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.