115 County Road 5051BoonevilleMS38829
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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
Investment property for sale in Booneville at 115 County Road 5051, Booneville, MS, 38829 listed at $174,400 pairs $1,319/mo rent with a $854/mo payment to leave $251/mo cash flow. Total monthly income runs $1,319/mo, and annual cash flow reaches $3,016/yr on $57,814 cash to close. Return on cash invested measures 25.13% in year one, and rental yield registers 9.08% at a $174,400 basis. Equity gained on principal adds $1,125/yr, and annual property appreciation at 5% supports $48,184 by year five. Five-year ROI tracks 130.78% and total cumulative return in cash totals $75,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,319/mo property income relative to a $854/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
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Listed by: N/A • N/A
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