12061 Highway 21 SUnionMS39365
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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 Union at 12061 Highway 21 S, Union, MS, 39365 uses $79,560 cash to close to unlock $6,924/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $2,046/mo, and a $1,175/mo payment keeps the spread at $577/mo. Purchase price stands at $240,000, and rental yield measures 10.23% with $2,046/mo rent. Return on cash invested shows 28.61% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 149.41% and total cumulative return in cash records $118,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,046/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39365, Union, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 489 (15.4%) |
| Vacant Housing Units | 326 (10.3%) |
| Median Home Value | $141,210 |
| Average Home Value | $171,486 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,034
Multi-Family
87
Businesses
165
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Listed by: Melissa Phillips • Phillips Appraisal & Realty
Mls Name: East Mississippi REALTORS
Mls ID: #25-1075