1119 Willis Cotton RdSummitMS39666
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 Summit at 1119 Willis Cotton Rd, Summit, MS, 39666 uses $57,184 cash to close to unlock $6,932/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $1,633/mo, and a $844/mo payment keeps the spread at $578/mo. Purchase price stands at $172,500, and rental yield measures 11.36% with $1,633/mo rent. Return on cash invested shows 32.03% in year one, and 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 167.78% and total cumulative return in cash records $95,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,633/mo property income covering a $844/mo payment rather than investor’s personal income.
Single Family
Built in 1975
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,888 (100%) |
| Owner Occupied HU | 3,389 (69.3%) |
| Renter Occupied HU | 834 (17.1%) |
| Vacant Housing Units | 665 (13.6%) |
| Median Home Value | $181,895 |
| Average Home Value | $240,043 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blake Bridevaux • Doug Rushing Realty of McComb
Mls Name: MLS United
Mls ID: #4135909