1090 Roberts RdSummitMS39666
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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 Summit at 1090 Roberts Rd, Summit, MS, 39666 offers $0/mo rent that, after a $2,056/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.25% in year one, and rental yield stands at 0% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
69.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,888 (100%) |
| Owner Occupied HU | 3,389 (69.3%) |
| Renter Occupied HU | 834 (17.1%) |
| Vacant Housing Units | 665 (13.6%) |
| Median Home Value | $181,895 |
| Average Home Value | $240,043 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tyler Smith • Betsy Smith Properties
Mls Name: Southwest Mississippi BOR
Mls ID: #144365
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.