1125 DeerfieldSummitMS39666
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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 Summit at 1125 Deerfield, Summit, MS, 39666 generates $2,822/mo in rent and, after a $1,762/mo payment, leaves $619/mo in cash flow. Total monthly income is $2,822/mo, and annual cash flow is $7,428/yr on $119,340 invested. Return on cash invested sits at 26.13% in year one, and rental yield is 9.41% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 136.12% and total cumulative return in cash sums $162,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,822/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
2.06 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
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Listed by: Lindsey Wool • Hometown Realty, Inc
Mls Name: MLS United
Mls ID: #4125271