11043 Highway 493BaileyMS39320
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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 Bailey at 11043 Highway 493, Bailey, MS, 39320 earns from $1,662/mo rent with a $1,713/mo payment. Total monthly income totals $1,662/mo. ROI tracks 14.95% on current figures, and rental yield reads 5.7% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 76.16% and total cumulative return in cash sums $88,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,662/mo property income instead of your personal income.
Single Family
Built in 1990
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39320, Bailey, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 765 (100%) |
| Owner Occupied HU | 579 (75.7%) |
| Renter Occupied HU | 86 (11.2%) |
| Vacant Housing Units | 100 (13.1%) |
| Median Home Value | $220,833 |
| Average Home Value | $297,638 |
Housing Distribution
Address Breakdown
Residential
712
Single Family
712
Multi-Family
0
Businesses
33
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Listed by: Dustin Simmons • PIGFORD & COREY REALTORS
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #24-813
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.