1206 E Church StBoonevilleMS38829
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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 1206 E Church St, Booneville, MS, 38829 uses $62,654 cash to close to unlock $7,194/yr annual cash flow and $599/mo monthly cash flow. Total monthly income runs $1,756/mo, and a $925/mo payment keeps the spread at $599/mo. Purchase price stands at $189,000, and rental yield measures 11.15% with $1,756/mo rent. Return on cash invested shows 31.39% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 164.35% and total cumulative return in cash records $102,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,756/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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: Carol Kloac • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4004
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.