1104 Old Highway 24 ExtMcCombMS39648
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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 McComb at 1104 Old Highway 24 Ext, McComb, MS, 39648 offers a 8.55% rental yield on a $226,000 purchase with $1,610/mo rent. Total monthly income registers $1,610/mo, and a $1,106/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,726/yr on $74,919 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,458/yr while 5% annual appreciation supports $62,440 over five years. Portfolio math shows five-year ROI at 122.32% and total cumulative return in cash at $91,643. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,610/mo property income against a $1,106/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
15.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Listed by: Case-Lee M Newell • Real Broker, LLC.
Mls Name: MLS United
Mls ID: #4119665