1104 E Broad StWest PointMS39773
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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 West Point at 1104 E Broad St, West Point, MS, 39773 with 5% annual appreciation on a $115,000 basis while $982/mo rent supports operations. Total monthly income totals $982/mo and a $563/mo payment preserves $278/mo for cash returns. Annual cash flow comes to $3,337/yr on $38,123 deployed, and return on cash invested reaches 28.66% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 10.25%. Five-year ROI measures 149.83% and total cumulative return in cash totals $57,117.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $982/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: William P Harrell • TOMMY MORGAN, INC (B0F)
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-731
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.