113 Mission WayThaxtonMS38871
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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 Thaxton at 113 Mission Way, Thaxton, MS, 38871 priced at $208,500 converts $0/mo rent into after a $1,021/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.25% in year one, and rental yield reads 0% against a $208,500 entry. Equity gained on principal adds $1,345/yr, while 5% annual appreciation compiles into $57,605 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,021/mo payment, not borrower’s personal income.
Single Family
Built in 2023
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38871, Thaxton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 708 (76.5%) |
| Renter Occupied HU | 149 (16.1%) |
| Vacant Housing Units | 69 ( 7.5%) |
| Median Home Value | $159,274 |
| Average Home Value | $185,629 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
899
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Brian Flint • Cannon Cleary McGraw
Mls Name: NCMBR
Mls Provider:
Mls ID: #160428
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.