117 John Thompson RdRichtonMS39476
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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 Richton at 117 John Thompson Rd, Richton, MS, 39476 generates $1,242/mo in rent, after a $1,287/mo payment. Total monthly income is $1,242/mo. Return on cash invested sits at 14.86% in year one, and rental yield is 5.67% on a $263,000 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation builds toward $72,662 over five years. Five-year ROI reaches 75.63% and total cumulative return in cash sums $65,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,242/mo property income rather than buyer’s personal income.
Manufactured
Built in 2002
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39476, Richton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,401 (100%) |
| Owner Occupied HU | 2,518 (74.0%) |
| Renter Occupied HU | 470 (13.8%) |
| Vacant Housing Units | 413 (12.1%) |
| Median Home Value | $160,750 |
| Average Home Value | $192,968 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,823
Multi-Family
0
Businesses
138
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Listed by: N/A • N/A
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Mls ID: #N/A