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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pontotoc at 1113 New Salem Rd, Pontotoc, MS, 38863 offers a 6.92% rental yield on a $155,000 purchase with $894/mo rent. 63% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 95.97% and total cumulative return in cash at $49,312. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $894/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2014
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andy Wright • Agner & Associates
Mls Name: MLS United
Mls ID: #4126749
