1173 Northwest AveDurantMS39063
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Nearby investment properties with comparable prices
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 Durant at 1173 Northwest Ave, Durant, MS, 39063 with 5% annual appreciation on a $125,000 basis while $945/mo rent supports operations. Total monthly income totals $945/mo and a $612/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,159/yr on $41,438 deployed, and return on cash invested reaches 25.12% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.07%. Five-year ROI measures 130.68% and total cumulative return in cash totals $54,149.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $945/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39063, Durant, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 804 (60.0%) |
| Renter Occupied HU | 360 (26.9%) |
| Vacant Housing Units | 176 (13.1%) |
| Median Home Value | $70,984 |
| Average Home Value | $96,971 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,268
Multi-Family
155
Businesses
158
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Listed by: Devon Butrick • Southern Oaks RE Properties LLC
Mls Name: MLS United
Mls ID: #4121465