105 Leon Davis DrFultonMS38843
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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
Rental property for sale in Fulton at 105 Leon Davis Dr, Fulton, MS, 38843 priced at $110,440 converts $1,411/mo rent into $668/mo cash flow after a $541/mo obligation. Total monthly income equals $1,411/mo, and annual cash flow totals $8,015/yr on $36,611 invested. Return on cash invested prints 41.8% in year one, and rental yield reads 15.33% against a $110,440 entry. Equity gained on principal adds $713/yr, while 5% annual appreciation compiles into $30,513 by year five. Five-year ROI reaches 220.9% and total cumulative return in cash sums $80,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,411/mo property income covering a $541/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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