1116 Main StNatchezMS39120
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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 Natchez at 1116 Main St, Natchez, MS, 39120 priced at $798,000 converts $1,622/mo rent into after a $3,906/mo obligation. Total monthly income equals $1,622/mo. Return on cash invested prints 5.15% in year one, and rental yield reads 2.44% against a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation compiles into $220,473 by year five. Five-year ROI reaches 23.59% and total cumulative return in cash sums $61,936. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,622/mo property income covering a $3,906/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
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Listed by: Sharon Sharp • Bluff City Real Estate
Mls Name: MLS United
Mls ID: #4127655