118 Booth StGuntownMS38849
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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 Guntown at 118 Booth St, Guntown, MS, 38849 uses $43,062 cash to close to unlock $2,290/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $986/mo, and a $636/mo payment keeps the spread at $191/mo. Purchase price stands at $129,900, and rental yield measures 9.11% with $986/mo rent. Return on cash invested shows 25.23% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 131.27% and total cumulative return in cash records $56,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $986/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38849, Guntown, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 2,007 (77.0%) |
| Renter Occupied HU | 345 (13.2%) |
| Vacant Housing Units | 255 ( 9.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $227,904 |
Housing Distribution
Address Breakdown
Residential
2,509
Single Family
2,509
Multi-Family
0
Businesses
45
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Listed by: Laurie Webb • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-3408