1083 Highway 364BoonevilleMS38829
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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 Booneville at 1083 Highway 364, Booneville, MS, 38829 earns $309/mo cash flow from $1,380/mo rent with a $857/mo payment. Total monthly income totals $1,380/mo, and annual cash flow totals $3,703/yr on $58,013 capital. ROI tracks 26.29% on current figures, and rental yield reads 9.46% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 137.01% and total cumulative return in cash sums $79,483. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
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Listed by: Justin M. Tapp • United Country Compass Realty Group
Mls Name: NMMLS
Mls ID: #25-3777