114 N 1st StBlue MountainMS38610
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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 Blue Mountain at 114 N 1st St, Blue Mountain, MS, 38610 generates $1,940/mo in rent and, after a $1,170/mo payment, leaves $477/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $5,727/yr on $79,229 invested. Return on cash invested sits at 27.14% in year one, and rental yield is 9.74% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 141.56% and total cumulative return in cash sums $112,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38610, Blue Mountain, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,037 (67.9%) |
| Renter Occupied HU | 295 (19.3%) |
| Vacant Housing Units | 195 (12.8%) |
| Median Home Value | $160,220 |
| Average Home Value | $179,409 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,437
Multi-Family
0
Businesses
52
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Listed by: Ben Tomlinson • Tomlinson Realty Group, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3741
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.