1085 Hadorn RdBatesvilleMS38606
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
Rental property for sale in Batesville at 1085 Hadorn Rd, Batesville, MS, 38606 generates $1,958/mo in rent and, after a $1,317/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,958/mo, and annual cash flow is $3,738/yr on $89,174 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 8.73% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 125.26% and total cumulative return in cash sums $111,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
21.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Savage • Burch Realty Group Hernando
Mls Name: MLS United
Mls ID: #4089486
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.