109 E Spratlin StBruceMS38915
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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 Bruce at 109 E Spratlin St, Bruce, MS, 38915 uses $61,328 cash to close to unlock $4,469/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $1,504/mo, and a $905/mo payment keeps the spread at $372/mo. Purchase price stands at $185,000, and rental yield measures 9.76% with $1,504/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 141.88% and total cumulative return in cash records $87,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,504/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38915, Bruce, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,898 (100%) |
| Owner Occupied HU | 1,139 (60.0%) |
| Renter Occupied HU | 468 (24.7%) |
| Vacant Housing Units | 291 (15.3%) |
| Median Home Value | $104,566 |
| Average Home Value | $141,293 |
Housing Distribution
Address Breakdown
Residential
1,221
Single Family
1,221
Multi-Family
0
Businesses
145
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Listed by: Cayce C. Conti • Conti Realty
Mls Name: NMMLS
Mls ID: #25-2975