11160 Old Port Gibson RdHermanvilleMS39086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hermanville at 11160 Old Port Gibson Rd, Hermanville, MS, 39086 offers a 9.52% rental yield on a $189,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $925/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,122/yr on $62,654 to close, and return on cash invested stands at 26.49% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 138.05% and total cumulative return in cash at $86,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39086, Hermanville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 590 (71.7%) |
| Renter Occupied HU | 135 (16.4%) |
| Vacant Housing Units | 98 (11.9%) |
| Median Home Value | $87,647 |
| Average Home Value | $111,792 |
Housing Distribution
Address Breakdown
Residential
636
Single Family
636
Multi-Family
0
Businesses
10
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Nearby investment properties with comparable prices
Listed by: Will H Waits • Mossy Oak Properties Bottomland Real Estate
Mls Name: MLS United
Mls ID: #4082542
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.