1062 Old Highway 24 ExtMcCombMS39648
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 McComb at 1062 Old Highway 24 Ext, McComb, MS, 39648 listed at $229,000 pairs $870/mo rent with a $1,121/mo payment. Total monthly income runs $870/mo. Return on cash invested measures 11.51% in year one, and rental yield registers 4.56% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 57.72% and total cumulative return in cash totals $43,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $870/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2012
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Listed by: Steve B Rushing • Doug Rushing Realty of McComb
Mls Name: MLS United
Mls ID: #4124355
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.